Gemfields Group confirms $30m rights issue
File photo; Notícias
Three photovoltaic power plants with a total capacity of 200 megawatts of power are projected for the city of Lichinga and the Marrupa and Mandimba districts in Niassa province in a US$200 million project lead by the United Arab Emirates Phanes Group in partnership with Reputação Moz.
The plants will increase the quality of electrical energy and promote the industrialization of Niassa province, an objective included in its strategic plan for the next twelve years.
Niassa governor Arlindo Chilundo and the general director of Phanes Group yesterday signed a memorandum of understanding for the implementation of the project in the city of Lichinga, symbolising the start of activities.
It was revealed at the signing that Lichinga would have a 100-megawatt photovoltaic power plant, and two other 50-megawatt plants will be built in Mandimba and Marrupa districts.
Danta Ross, the provincial director of Mineral Resources and Energy in Niassa, which currently has 19.3 percent electricity coverage by population, said that the project was the result of the conference on development investment in the province last April, and would increase the population’s access to electricity, significantly reducing oscillations and cuts in supply.
“The electricity from photovoltaic plants will be fed into to the EDM distribution network, but apply will depend on the capacity for reception and transformation in EDM substations, because of its power,” she added.
Ross said the signing of the memorandum of understanding definitively confirmed the interest of the two parties in relation to the project, pointing out that the construction of the photovoltaic plants inferred the availability of land for the necessary solar panels.
The processing of land use titles regarding the sites is expected to move forward quickly. They are located where they will stimulate development of industry in Niassa through the transportation of raw materials and final products from their production sites.
The memorandum states that, after 25 years of operation by the company financing their construction, the management of the plants will pass to the state-owned Mozambique Electricity company.
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