The Rio Tinto group plans to start seeking out companies interested in building and operating power plants in order to develop its thermoelectric project at Benga, in Mozambique’s Tete province, said the chief executive of Rio Tinto Coal Mozambique.
The power plan, which will be installed next to the Benga coal mine in order to use coal produced there as fuel, will have an initial estimated capacity of 400 to 600 megawatts and is projected to provide electricity to Rio Tinto’s mining operation, as well as to the Mozambican and South African electricity grids.
We believe that this project is a very attractive business opportunity and that has potential to attract a number of high quality partners,” said the chief executive of Rio Tinto Coal Mozambique, Eric Finlayson, cited by Mozambican daily newspaper Notícias.
He added that Rio Tinto planned to use local suppliers and employ locals whenever possible in order to contribute to economic development and add to local knowledge and skill sets.
Construction of the Benga Power Plant is expected to begin in 2014 and to take 36 months. The Anglo-Australian group expects to spend over US$1 billion in the project. (macauhub)