Government of Mozambique approves concession contracts of hydroelectric power plants

31 December 2014

The government of Mozambique has approved the concession contracts of the hydroelectric Chemba I and Chemba II hydroelectric projects that will produce 1,000 megawatts of electricity, according to Mozambican news agency AIM.

Concession-holding companies Hidroeléctrica de Chemba and Sociedade Energética de Tambara will produce 600 MW and 400 MW, respectively.

The concessions will have a construction period of five years and 25 years of operation, after which the projects will revert to the state, which, through state power company EdM, has a 12.5 percent ​​stake.

The news agency reported that these two projects on the Zambezi River would have a positive impact on the economy and the region, attracting new investments and improving the local population’s living conditions. (macauhub/MZ)

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