The Laúca dam located on the Kwanza River, in Angola’s Malanje province, is due on Friday to start producing electricity for the Angolan public grid, according to daily newspaper Novo Jornal.
The first of the six turbines of the dam, the largest public works in Angola representing an investment of over US$4 billion, will inject more than 330 megawatts (MW) into the public grid.
With the start of operation of the other five turbines in 2018 the dam will produce 2,070 MW of power.
The dam was built by Brazilian company Odebrecht, through financing from the Brazilian National Economic and Social Development Bank.
Angola will, however, use the Standard Chartered bank to secure financing of US$265 million to transport energy produced away from the dam.
The filling of the Laúca reservoir will be completed by the end of 2018, when it will reach the maximum level of 850 metres, and from then on conditions will be in place to supply electricity to the main Angolan cities, namely Luanda, without interruptions. (macauhub)