{"id":3017,"date":"2022-03-03T15:58:31","date_gmt":"2022-03-03T15:58:31","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz"},"modified":"2022-03-03T17:46:04","modified_gmt":"2022-03-03T17:46:04","slug":"eec-signs-17-months-power-deal-with-moz","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz","title":{"rendered":"EEC SIGNS 17 MONTHS POWER DEAL WITH MOZ"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>Despite the lack of sufficient electricity to meet local demand, EEC continues to find alternative sources by hook or crook.<\/p>\n

Mozambique\u2019s Electricity Company (EDM) has signed a new contract to supply power to the Kingdom of Eswatini, indicated an official statement issued on Monday by EDM.<\/p>\n

The contract has a duration of 17 months and provides for EDM to supply 20 megawatts of power, a quantity that could be revised depending on the needs of Eswatini Electricity Company (EEC).<\/p>\n

\u201cThe bilateral relationship between EDM and EEC is over a decade old, with Mozambique and South Africa being the main suppliers of energy that that country imports to meet over 70 percent of its domestic consumption needs,\u201d reads a notice announcing the agreement.<\/p>\n

EEC Marketing and Corporate Communications Manager Khaya Mavuso said; \u201cthis is part of EEC’s efforts to source alternative power supply options to meet the country’s base load demand.\u201d<\/p>\n

The meeting at which the agreement was signed also served to analyse future projects between the two companies, particularly the Temane Thermal Power Plant, which was being built in southern Mozambique.<\/p>\n

\u201cThe Temane Thermal Power Plant project includes a transmission line between Vilanculos [Inhambane province] and Maputo, which will interconnect to the Motraco system, the same one that makes the interconnection between Mozambique and the Eswatini Kingdom,\u201d said Chairman of EDM, Marcelino Alberto.<\/p>\n

In December, Globeleq Company, the main shareholder of the Temane Thermal Power Plant announced it had secured full funding for the project, worth US$652 million (576.4 million euros), and expected to start producing electricity in 2024.
\nEEC is a power utility, which was formed in 1963 to provide electricity to the Swati nation by sourcing or generating power using the least cost sources of energy.<\/p>\n

The company currently operates in a liberalised market through the Electricity Act of 2007 and the Energy Regulatory Act of 2007. EEC imports 80 per cent of the Electricity demand from Southern Africa countries through bilateral agreements also from the Day Ahead Market (DAM) in the Southern Africa Power Pool (SAPP).<\/p>\n

Locally, the company buys five per cent from one local six Independent Power Producers (IPP\u2019s) Ubombo Sugar Limited and generates the other 15 per cent from its internal power stations.<\/p>\n

For More News And Analysis About Eswatini<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. Despite the lack of sufficient electricity to meet local demand, EEC continues to find alternative sources by hook or crook. Mozambique\u2019s Electricity Company (EDM) has signed a new contract to supply power to the Kingdom of Eswatini, indicated an official statement issued on Monday by EDM. The contract has a duration of […]<\/p>\n","protected":false},"author":84,"featured_media":3016,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,5,8,16],"tags":[234,248,249],"class_list":["post-3017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-eswatini","tag-eswatini"],"yoast_head":"\nEEC SIGNS 17 MONTHS POWER DEAL WITH MOZ - Eswatini<\/title>\n<meta name=\"description\" content=\"Despite the lack of sufficient electricity to meet local demand, EEC continues to find alternative sources by hook or cr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EEC SIGNS 17 MONTHS POWER DEAL WITH MOZ\" \/>\n<meta property=\"og:description\" content=\"Despite the lack of sufficient electricity to meet local demand, EEC continues to find alternative sources by hook or cr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-03T15:58:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T17:46:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2022\/03\/img-6220febe345aa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"409\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"EEC SIGNS 17 MONTHS POWER DEAL WITH MOZ\",\"datePublished\":\"2022-03-03T15:58:31+00:00\",\"dateModified\":\"2022-03-03T17:46:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\"},\"wordCount\":382,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eswatini\/sites\/33\/2022\/03\/img-6220febe345aa.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eswatini\",\"Eswatini\"],\"articleSection\":[\"all news\",\"community\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\",\"url\":\"https:\/\/www.africa-press.net\/eswatini\/all-news\/eec-signs-17-months-power-deal-with-moz\",\"name\":\"EEC SIGNS 17 MONTHS POWER DEAL WITH MOZ - 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