Mozambique: Tantalite production fell 3% in 2023
File photo: AFP
The President of the United Republic of Tanzania, Her Excellency Samia Suluhu Hassan, will visit the Maputo Gas-Fired Combined Cycle Power Plant (CTM on Wednesday (21-09), a press release issued by EDM this Monday announces..
The Tanzanian head of state will in the course of her visit, meet Minister of Mineral Resources and Energy Carlos Zacarias and the Chairman of the Board of Directors of Mozambique Electricity (EDM), Marcelino Gildo Alberto.
About CTM
Maputo’s combined gas cycle power station was inaugurated by the President of the Republic, Filipe Nyusi, in August 2018, and was the largest investment by the Mozambican government and state-owned Electricidade de Moçambique (EDM) in electricity production in 30 years.
The construction of the Maputo Thermal Power Plant, budgeted at US$180 million, was financed with a loan from the Japanese Development for US$167 million with a payment period of 40 years, leaving the Government to provide the remaining US$13 million. The Japanese support included, in addition to the construction of the plant, the training of EDM staff in operation and maintenance, as well as six years of maintenance services to be conducted by the equipment manufacturer.
READ: Japan lends US$44 million to Mozambique for Maputo Power Station
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