Angolan bioenergy company produces electricity on an experimental basis

7 July 2014

Angolan bioenergy company Companhia de Bioenergia de Angola (Biocom) since 30 June ahs been producing electricity on an experimental basis, the company’s director for sustainability, personnel and company organisation, Fernando Koch said Friday.

Cited by Angolan news agency Angop, Koch also said that final details were being dealt with so that by September the power production project would be inaugurated and supply electricity to Cacuso municipality and the city of  Malanje.

He also said that in September the company would start producing 18,000 tons of sugar and 3 million litres of ethanol per year.

The company estimates that as of 2019 it will produce 256,000 tons of sugar and 30 million litres of ethanol, as well as electricity for the Capanda/Cacusa high voltage line, which supplies the municipality and city of Malanje.

Biocom, which is part of the Capanda Agro-Industrial Hub, is a partnership of the Angolan State, via the National Private Investment Agency (ANIP) and Sonangol Holding, with a 20 percent stake and Angolan groups Damer and Brazil’s Odebrecht, with 40 percent each.

The chairman of the industrial hub management company Sociedade de Desenvolvimento do Pólo Agro-industrial de Capanda (Sodepac), Carlos Fernandes, said last year that total investment was estimated at US$250 million and the project would create 500 direct jobs and 700 indirect jobs. (macauhub/AO)