{"id":52951,"date":"2023-12-27T15:22:31","date_gmt":"2023-12-27T15:22:31","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium"},"modified":"2023-12-27T15:57:53","modified_gmt":"2023-12-27T15:57:53","slug":"mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium","title":{"rendered":"Mozambique signs $5 billion hydro-project accord with EDF-led consortium"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique has signed an accord with a consortium led by French power giant EDF to build the new $5 billion Mphanda Nkuwa hydropower project, the government said on Wednesday, as it seeks to harness energy from one of Africa\u2019s largest rivers.<\/p>\n

The dam and hydropower plant will be built along the Zambezi River in Tete province to the north of Mozambique, and will generate 1,500 megawatts of power in the first phase.<\/p>\n

\u201cThis is the first concrete step for Mozambique to capitalise on the immense hydropower potential of the Zambezi River and the country\u2019s other energy resources,\u201d Mozambique Energy Minister Carlos Zacarias said in a statement.<\/p>\n

READ: Mozambique: Government and Strategic Partner sign partnership agreement for the implementation of the Mphanda Nkuwa Hydropower Project <\/b><\/p>\n

The new dam will provide low-cost electricity to the southern African country and help position it as a regional exporter of clean, renewable energy, he added.<\/p>\n

The dam will link Tete to capital Maputo via a transmission line of around 1,300 kms (800 miles).<\/p>\n

The first turbine is expected to operate by 2031, officials said during a signing ceremony attended by senior French and Mozambican government officials, including President Filipe Nyusi.<\/p>\n

Mozambique\u2019s larger Cahora Bassa Dam, also located on the Zambezi river, already supplies neighbouring country South Africa with power as Africa\u2019s most industrialised country battles with its worst power outages in living memory.<\/p>\n

The winning consortium led by EDF consists of TotalEnergies TTEF.PA and Sumitomo Corporation 8053.T, and will develop, build and operate the Mphanda Nkuwa hydropower project.<\/p>\n

The Franco-Japanese consortium is the majority shareholder, with a 70% stake in the venture, while Mozambique\u2019s power utility EDM and Hidroele\u0301ctrica da Cahora Bassa (HCB) will take the remaining 30%.<\/p>\n

ALSO READ: The consortium of EDF \u2013 TotalEnergies \u2013 Sumitomo Corporation entered into joint development agreement with the Government of Mozambique for the 1,500 MW Mphanda Nkuwa hydropower project<\/b>
\nFacebook Post click here<\/b><\/a><\/p>\n

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

Africa-Press – Mozambique. Mozambique has signed an accord with a consortium led by French power giant EDF to build the new $5 billion Mphanda Nkuwa hydropower project, the government said on Wednesday, as it seeks to harness energy from one of Africa\u2019s largest rivers. The dam and hydropower plant will be built along the Zambezi […]<\/p>\n","protected":false},"author":84,"featured_media":52949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,281,283],"class_list":["post-52951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique signs $5 billion hydro-project accord with EDF-led consortium - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique has signed an accord with a consortium led by French power giant EDF to build the new $5 billion Mphanda Nkuw ...\" \/>\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\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique signs $5 billion hydro-project accord with EDF-led consortium\" \/>\n<meta property=\"og:description\" content=\"Mozambique has signed an accord with a consortium led by French power giant EDF to build the new $5 billion Mphanda Nkuw ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-27T15:22:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-27T15:57:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1703679899.689702.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\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\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique signs $5 billion hydro-project accord with EDF-led consortium\",\"datePublished\":\"2023-12-27T15:22:31+00:00\",\"dateModified\":\"2023-12-27T15:57:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\"},\"wordCount\":333,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/12\/sm_1703679899.689702.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-signs-5-billion-hydro-project-accord-with-edf-led-consortium\",\"name\":\"Mozambique signs $5 billion hydro-project accord with EDF-led consortium - 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