Now Reading
EDM Invests $300M in Second Phase of Universal Electrification

EDM Invests $300M in Second Phase of Universal Electrification

The company Electricidade de Moçambique (EDM) said on Tuesday, August 13, that it is investing more than 18.9 billion meticals (300 million dollars) to implement the second phase of the Universal Electrification Programme, which covers the period 2024-2027.

According to Radio Moçambique, the manager of the “Energy for All” electrification project, Sílvio Romeu, pointed out that EDM currently has the challenge of connecting more than four million families to the national electricity grid in order to fulfil this goal by 2030.

During the interview, the source said that the vandalisation of EDM’s infrastructure is hampering the speed of the project, although its second phase is currently underway throughout the country. The “Energy for All” presidential initiative, launched in 2018, aims to provide electricity to all national citizens by 2030.

Last year, the Norwegian and Swedish embassies in Mozambique signed new agreements with the World Bank (WB) in Maputo to support the second phase of “Energy for All”, providing around 2.1 billion meticals (33.5 million dollars). This will include 400,000 new connections via the National Electricity Grid and a further 90,000 via renewable systems, giving a total of 2.2 million people access to sustainable energy.

SUBSCRIBE TO GET OUR NEWSLETTERS:

See Also

SUBSCRIBE TO GET OUR NEWSLETTERS:

Scroll To Top

We have detected that you are using AdBlock Plus or other adblocking software which is causing you to not be able to view 360 Mozambique in its entirety.

Please add www.360mozambique.com to your adblocker’s whitelist or disable it by refreshing afterwards so you can view the site.