JOHANNESBURG, Feb 9 : Zimbabwe is willing to offer tax breaks to investors willing to put big money into power generation projects to help ease a power shortage in the country, the energy minister said on Tuesday.

Energy Minister Elias Mudzuri said the tax breaks would be negotiated on a case-by-case basis, depending on the size of the project and money involved.

“We are desperate for power. If you come with a proposal that talks about $2.5 billion … that is not small money. To encourage such investment, we would negotiate tax breaks,” he told reporters on the sidelines of an Africa energy conference.

“It’s available right now for mega projects,” he said.