Brazilian power company Eletrobras is set to partner state companies Electricidade de Moçambique (EdM), Electricité de France (EdF) and South Africa’s to carry out the Centre-South (Cesul) project in Mozambique, the financial director of the Brazilian company said Monday.
During a meeting organised by the Rio de Janeiro section of the Association of Investment Analysts and Professionals (Apimec Rio), director Armando Casado also said that the level of participation of each company in the project had yet to be defined.
The Cesul project has an estimated total cost of US$1.8 billion, and is considered to be one of the Mozambican government’s key development projects as it will be the “backbone” of the country’s high voltage national power grid.
The Cesul project consists of 1,340 kilometres of 400 kV alternate current power line and around 1,250 kilometres of 500 kV direct current power line, as well as construction of eight sub-stations and expansion of another two. (macauhub)