EDM informs all its clients and the general public that it has recently approved financing of USD131 million for the ASCENT Project – Accelerating the Transformation of Access to Clean and Sustainable Energy.
This project was the third phase of the ‘Energy for All’ programme, with USD 117 million allocated to the EDM and was intended for components to be implemented by the National Energy Fund (FUNAE) and the Ministry of Mineral Resources and Energy (MIREME).
The funds will be made available by the World Bank, through the International Development Association (IDA), in close collaboration with the Government of Mozambique. The approval of the financing marks a significant step forward for the start of preparatory and operational activities.
The ASCENT project is an initiative of the Government of Mozambique to accelerate the Universal Access to Electricity programme by 2030.
This project marks the beginning of the third phase of the programme with the management of the funds allocated for the connection of 146. In order to make these connections viable, the following infrastructures will have to be built: 3,300 km of low voltage network, 2,200 km of medium voltage network and the installation of 2,200 transformers.
In the initial phase, approximately 146,000 new consumers are expected to be connected to the National Electricity Grid, covering the provinces of Maputo, Sofala, Manica, Tete, Zambézia and Nampula.
This financing will enable the acceleration of the initiatives underway to ensure universal access to electricity by 2030, directly benefiting around 700,000 people.
The financing period covers the years 2025 to 2030, with the physical implementation of the works scheduled to begin in 2026, after the completion of all the contracting and reception processes for the first materials.
The aim of the programme is to ensure universal access to sustainable energy, promoting industrialisation and economic and social development in Mozambique.
The support of the World Bank is fundamental to achieving these objectives, providing the necessary infrastructure for the expansion and modernisation of the country’s electricity grid.
