Varun Beverages plans US$350 million solar project
The company will also build a new beer plant, aiming to boost production capacity and diversify its offerings.
Varun Beverages Zimbabwe plans to invest US$350 million in a 500-megawatt solar power project and a new beer manufacturing plant. The company announced these plans during a visit by Minister of Local Government and Public Works, Daniel Garwe, to its facilities. Groundbreaking for the beer plant is expected by December 2026.
Minister Garwe stated that the government has allocated land for the beer facility, which is slated for launch by the end of 2027 or early 2028. Varun Beverages CEO Vijay Kumar Bahl said the investments, made with partners RJ Corporation, INOX, and SkyPower, show confidence in Zimbabwe’s business environment. The company currently operates 11 production lines for beverages, water, and snacks.
Varun Beverages, which entered Zimbabwe in 2018 and has invested over US$100 million, directly employs 2,000 people and supports 13,000 indirect jobs. The company also works with Geo Pomona on a plastic recycling facility and recently launched Mooju dairy-blend juice.
Why it mattersThe planned investments by Varun Beverages will expand manufacturing and renewable energy capacity in Zimbabwe.