The Mozambican government remains committed to its goal of bringing electricity to the whole country by 2030, the Minister of Mineral Resources Leticia Klemens said on Wednesday in Maputo.
The minister, who spoke at the presentation of the portfolio of projects of the National Energy Fund (Funae), stressed that the government has been intensifying efforts to bring the electricity supply to rural areas of the country.
Quoted by Mozambican newspaper Notícias, Klemens said private entities “now have more room to finance renewable energy projects in Mozambique, thus opening the way for the investment to stop being just public.”
As an example of private sector involvement, she cited the agreement signed last May between Funae, Portuguese group Galp Energia and the Galp Foundation, which aims to supply electricity to villages in the provinces of Cabo Delgado, Manica and Sofala, which will raise levels of growth and development in these rural communities.
The initiative has an estimated budget of 40 million meticais, with activities expected to take place over a period of two years.
The Funae project portfolio, estimated to cost around US$500 million, provides a power supply through the use of solar and hydroelectric power in some areas of the provinces of Maputo, Gaza, Inhambane, Sofala, Manica, Tete, Zambézia , Nampula, Niassa and Cabo Delgado. (macauhub)