Mozambique: Altona Rare Earths discovers high-grade fluorspar at Monte Guambe project
File photo: HCB
The Cahora Bassa Hydroelectric Power Plant (HCB) is seeking a partnership to reactivate the Central Norte project, with the aim of diversifying and expanding its energy business.
To this end, the company is in the process of hiring a consultant who will support the implementation of the project in areas such as the bidding process, with a view to contracting specialised studies.
Data provided by the company indicate that previous studies proposed “high-level characteristics” for Central Norte. The existing dam can power up to three 415 MW generating sets, with the same number of water intakes, two return channels and bottom spillways with the capacity to drain at least 2,200 cubic metres per second.
HCB’s diversification and expansion projects are included in the government’s strategy regarding the availability of additional electricity generation capacity, allowing Mozambique to position itself as a hub for the production of clean, reliable and low-cost energy in the region.
HCB has recently been conducting strategic discussions with a view to reactivating the Cahora Bassa Norte project, in order to increase the installed capacity from the current 2,075 MW to around 4,000 (including 400 MW of photovoltaic power) by 2032, making Mozambique a regional energy hub.
The resumption of development of the Cahora Bassa Norte project means that the company is projected to grow over the next seven to ten years, with an increase in production capacity.
Located in the province of Tete, with its headquarters in the town of Songo, HCB is a public limited company incorporated under Mozambican law and with a majority public capital, which operates the project under concession, with the aim of producing, transporting and marketing electricity efficiently and sustainably, maximising benefits for shareholders and generating wealth for the country.
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.