Intelligent news from Mozambique

Only Mozambique was unprotected against Cahora Bassa outage

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The breakdown at Mozambique’s main power generation facility on Tuesday night left most of Mozambique in the dark for five hours – but neighbouring Zimbabwe and South Africa, who also buy power from the plant, say they were able to cope with the power cut by using reserve generation facilities.

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    • mm

      Hello Paulo, please see here for a discussion of the ownership of HCB: https://zitamar.com/cahora-bassa-dam-valued-700-million-ahead-stock-market-listing/

      “The biggest shareholder in HCB is Mozambican state electricity company EDM, which owns at least 85% through its wholly-owned subsidiary, Companhia Eléctrica do Zambeze (CEZA).

      “There is some confusion over who owns the 7.5% that will be sold on the stock exchange. A World Bank report in 2015 said EDM’s stake in HCB stood at 92.5%, and industry insiders told Zitamar News that EDM’s understanding is that it owns 92.5%.”

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