Angola’s electricity sector needs investments of US$16.5 billion by 2016

19 December 2011

Ndalatando, Angola, 19 Dec – Angola’s electricity sector will absorb investment of US$16.5 billion by 2016 in the production, transmission and distribution segments, according to a study presented Saturday by Angola’s Energy and Water Minister at the Cambambe dam.

Minister João Baptista Borges said that large investments in the electricity sector were needed to respond to growing demand for electrical power, which has seen an estimated annual rise of 12 percent and to respond to the challenges of industrialisation and appearance of new areas of housing.

Of the total investment, the minister, cited by Angolan news agency Angop, said that country’s northern system, which includes the provinces of Kwanza Norte, Luanda, Bengo, Malanje, Uíge, Kwanza Sul and Zaire would absorb over US$12 billion.

According to the minister, the programme, which will be in place until 2016, includes repairing and expanding system to that installed capacity can reach 5,000 megawatts in order to ensure a reliable energy supply across the country.

The Cambambe hydroelectric facility, in Kwanza Norte, which was built in 1958, started to be repaired and expanded in 2010.

The expansion of the hydroelectric complex includes construction of a new power plant and raising the height of the dam from 102 metres to 130 metres. (macauhub)