Browsing: Electricity
Mozambique forestry company aims to cash in on EDM electrification push
Forestry company Green Resources, which is growing around 15,000 hectares of pine and eucalyptus in northern Mozambique, is hoping to use its timber to make electricity transmission poles for state utility EDM, replacing the import of thousands of poles from [...]
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Cahora Bassa hydro seeks legal, financial advisors for Mozambique IPO
Hidroelectrica de Cahora Bassa (HCB), the 2 gigawatt Mozambican hydropower dam in Tete province, is hiring legal and financial advisers ahead of a planned listing on Mozambique’s stock exchange, the Bolsa de Valores de Moçambique (BVM).
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Mozambique close to announcing ‘international investor’ in 400 MW power project
Mozambican power utility EDM is close to announcing an international investor who will take part of its 51% stake in a project to build a 400 MW power plant at Temane, Inhambane province.
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Sasol and EDM finally tie up Mozambique gas-fired power plant finance
Gas-fired power project financing suggests Mozambique’s electricity utility is now a credible, if fragile, offtaker
The 175 megawatt gas-fired power plant jointly owned by Mozambican electricity utility EDM [...]
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Infrastructure developer moves forward with major wind project in Mozambique
UK-based infrastructure development company Eleqtra is moving forward with Mozambique’s first utility-scale wind farm with the [...]
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Cahora Bassa hydro to continue generating below capacity
The Cahora Bassa hydroelectric dam will continue producing electricity at only 75% of capacity in 2018, despite heavier than normal rain forecast for February and March this year.
In a statement published last [...]
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Pacheco named foreign minister in Mozambique reshuffle
- Max Tonela goes to Mineral Resources and Energy, while the agriculture sector hopes for a fresh start under Higino Marrule
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Nyusi kicks off senior government reshuffle with four dismissals
Mozambique President Filipe Nyusi dismissed four senior ministers on Tuesday evening, in a much-anticipated reshuffle following ruling party Frelimo’s Congress in October - leaving the foreign ministry and the energy ministry, among others, temporarily [...]
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Cahora Bassa dam valued at $700 million ahead of stock market listing
Mozambique’s Hidroelectrica de Cahora Bassa (HCB) could raise around $52.5 million from listing a 7.5% stake in the company on the Mozambican stock exchange, according to one estimate.
Portuguese electricity [...]
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