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Released December 28, 2023 | GALWAY, IRELAND
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Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Mozambique's government has awarded a US$5 billion contract for its Mphanda Nkuwa hydropower project.
The contract has been awarded to a consortium of Electricité de France (EDF) (Paris, France), TotalEnergies SE (NYSE:TTE) (Paris, France) and Japan's Sumitomo Corporation (Tokyo, Japan). The project is looking to harness the power of the Zambezi River to produce 1,500 megawatts (MW) of power, while more than doubling the country's available electricity production capacity. It could power more than 3 million households in Mozambique and the surrounding region, including neighboring South Africa, which is suffering from crippling power cuts that threaten to destabilize Africa's most industrialized nation.
This project will significantly enhance access to electricity in the region and is fully in line with EDF's ambition to build a net-zero energy future with electricity and innovative solutions that drive economic development," said Béatrice Buffon, EDF Group senior executive vice-president, International Division. "We are looking forward to contributing to the Mphanda Nkuwa project which is a great opportunity to bring our technical expertise in hydropower and our strong environmental and social commitment in favor of local communities and biodiversity."
The 1,500-MW run-of-river project will be located 60 kilometers (km) downstream of the existing Cahora Bassa dam, which has a capacity of 2,075 MW. The dam will span 700 meters across the river and stand 86 meters high with 13 flood gates. The powerhouse project will be equipped with four Francis turbine units with a generating capacity of 365 MW each. The reservoir will be located 70 km upstream of the town of Tete, the capital of the province, and a transmission line will form part of the project, stretching 1,300 km to the capital city of Maputo in the south, near the border with South Africa.
The project has the support of the International Finance Corporation, the private sector financing arm of the World Bank Group, and will work with a number of local organizations including the state-owned Mphanda Nkuwa Hydropower Project Implementation Office. Mozambique's Minister of Mineral Resources and Energy, Carlos Zacarias, has previously stressed the importance of the project to his country. "This is the first concrete step for Mozambique to capitalize on the immense hydropower potential of the Zambezi River and the country's other energy resources, to provide low-cost electricity for our population and industry, and to position itself as a regional exporter of clean, renewable energy."
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
The contract has been awarded to a consortium of Electricité de France (EDF) (Paris, France), TotalEnergies SE (NYSE:TTE) (Paris, France) and Japan's Sumitomo Corporation (Tokyo, Japan). The project is looking to harness the power of the Zambezi River to produce 1,500 megawatts (MW) of power, while more than doubling the country's available electricity production capacity. It could power more than 3 million households in Mozambique and the surrounding region, including neighboring South Africa, which is suffering from crippling power cuts that threaten to destabilize Africa's most industrialized nation.
This project will significantly enhance access to electricity in the region and is fully in line with EDF's ambition to build a net-zero energy future with electricity and innovative solutions that drive economic development," said Béatrice Buffon, EDF Group senior executive vice-president, International Division. "We are looking forward to contributing to the Mphanda Nkuwa project which is a great opportunity to bring our technical expertise in hydropower and our strong environmental and social commitment in favor of local communities and biodiversity."
The 1,500-MW run-of-river project will be located 60 kilometers (km) downstream of the existing Cahora Bassa dam, which has a capacity of 2,075 MW. The dam will span 700 meters across the river and stand 86 meters high with 13 flood gates. The powerhouse project will be equipped with four Francis turbine units with a generating capacity of 365 MW each. The reservoir will be located 70 km upstream of the town of Tete, the capital of the province, and a transmission line will form part of the project, stretching 1,300 km to the capital city of Maputo in the south, near the border with South Africa.
The project has the support of the International Finance Corporation, the private sector financing arm of the World Bank Group, and will work with a number of local organizations including the state-owned Mphanda Nkuwa Hydropower Project Implementation Office. Mozambique's Minister of Mineral Resources and Energy, Carlos Zacarias, has previously stressed the importance of the project to his country. "This is the first concrete step for Mozambique to capitalize on the immense hydropower potential of the Zambezi River and the country's other energy resources, to provide low-cost electricity for our population and industry, and to position itself as a regional exporter of clean, renewable energy."
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
