Angola’s Biocom due to start producing electricity in September

25 June 2014

Companhia de Bioenergia de Angola (Biocom), an Angola-Brazil partnership based in Angola’s Malange province, is due in September of this year to start producing 120 megawatts of electricity, the company said in a statement.

Biocom also said that in September sugar and ethanol production would also begin and that it expected to produce 18,000 tons of sugar and 3 million litres of ethanol per year.

The company estimates that by 2019 it will produce 256,000 tons of sugar and 30 million litres of ethanol as well as the electricity that will be used to boost the capacity of the Capanda/Cacuso high voltage line, which supplies power to the town of Malanje and its municipal area.

Biocom, which is based in the Capanda Agro-Industrial hub, is a partnership between the Angolan state, via the National Private Investment Agency (ANIP) and Sonangol Holding, with a 20 percent stake and Angolan group Damer and Brazil’s Odebrecht, with 40 percent each.

The chairman of the hub’s management and development company Sociedade de Desenvolvimento do Pólo Agro-industrial de Capanda (Sodepac), Carlos Fernandes, said last year that Biocom had invested US$250 million and that the project would create 500 direct jobs and 700 indirect jobs. (macauhub/AO)