webcam-b
MSC Mediterranean Shipping Company
Metalgalante S.p.A.
Volvo
NEW interactive digital platform
African Review

twitter Facebook Linkedin acp Contact Us

Mozambique issues RFQ for hydropower project

The project company will sign an offtake agreement under a long-term power purchase agreement (PPA) with EDM. (Image source: Adobe Stock)

Mozambique’s Ministry of Mineral Resources and Energy (MIREME) has invited developers to submit request for qualification (RFQ) documents for the planned 1,500MW Mphanda Nkuwa Hydropower Project

MIREME is being represented by Gabinete de Implentacao do Projecto Hirdoelectrico de Mphanda Nkuwa (GMNK) for the hydropower scheme. The government entities are conducting a competitive tendering process to select a strategic partner to develop the project, which will be located on the Zambezi river, 60km from the Cahora Bassa Dam.

Interested parties can obtain more information and collect the RFQ by contacting GMNK from 14 December. The deadline for submitting RFW is 28 February 2022.

Synergy Consulting is the transaction advisor (TA), with Worley and Baker Mckenzie providing technical and legal advisory services respectively. HRA Advogados is acting as the local legal adviser.

Under the proposed structure, the strategic partner is expected to be the majority shareholder developing the project, with government entities Electricidade de Mozambique (EDM) and Hidoelectrica de Cahora Bassa (HCB) owning the remaining stakes.

The project company will sign an offtake agreement under a long-term power purchase agreement (PPA) with EDM, along with direct and indirect offtake agreements with other potential offtakers in the region.

Most Read

Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)

The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)

The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)

The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)

The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)

Latest news

COP29 concluded with the Baku Finance Goal agreement. (Image source: UNFCCC)

The Lintec CSD2500B ensures uninterrupted operations, and its modular construction delivers cost efficiencies and easy installation. (Image source: Lintec & Linnhoff)

• Genie has sought to improve quality and total cost of ownership. (Image source: Genie)

The flexibility of the solution enables it to accommodate various courses in the hydraulic and pneumatic training environment. (Image source: Bosch Rexroth)

Sacks made of plastic tape fabric for packaging dry bulk goods such as cement provide a lightweight, resistant and sustainable alternative to paper and film sacks. (Image source: Starlinger)

JA Solar
Terrapinn