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Mozambique: Mphanda Nkuwa strategic partner to be announced today
8:21 CAT | 26 May 2023
File photo: Notícias
The strategic partner for the Mphanda Nkuwa hydroelectric project is to be announced this Friday (26-05).
The strategic partner will invest up to US$700 million in the infrastructure, to be built 60 kilometres downstream from Cahora Bassa on the Zambezi river in Tete province.
On May 3rd of this year, spokesman for the Council of Ministers Filimão Suaze said that the partner would be announced between the 10th and 12th of May, but this did not happen.
The submission of proposals ended in March of this year, with seven companies organised in two consortia competing for the project. The first is made up of ETC Holding, ZESCO Limited, CECOT (a subsidiary of MotaEngil) and PetroSA (a subsidiary of South Africa’s Central Energy Fund), and the second of Electricidade de França, TotalEnergies and the Japanese Sumitomo Corporation, Noticias reports.
The winning consortium is expected to invest between US$500 and US$700 million and collaborate with the Mozambican companies Electricidade de Moçambique and Hidroeléctrica de Cahora Bassa. The total project investment is estimated at US$4.5 billion, including the Temane-Maputo energy transmission line.
The Mphanda Nkuwa hydropower project includes the development of a run-of-river dam on the Zambezi river in Tete province 61 km downstream from Cahora Bassa, plus a 1,500-megawatt hydroelectric plant and a 1,300-kilometre high-voltage power transmission line from Tete to Maputo.
Source: Moz News
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