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Mphanda Nkuwa: $4.5 Billion Project Reports Released Today

Mphanda Nkuwa: $4.5 Billion Project Reports Released Today

The Mphanda Nkuwa Hydropower Project Implementation Office (GMNK) today and tomorrow (3 and 4 May) presents the first reports updating the market studies and power transmission line infrastructure for the development of the project.

In a press release cited by daily newspaper Notícias, it was said that the publication of the documents aimed to “collect subsidies from the various relevant, involved and interested entities for a better definition of the project.

GMNK is currently in the process of updating several existing technical studies on the project, which are fundamental for the analytics of the undertaking and critical for the financial modelling phase, as well as legal and financial structuring.

With an estimated cost of US$4.5 billion, the Mphanda Nkuwa Hydropower Project includes the development of a run-of-river dam, located 61 km downstream of Cahora Bassa on the Zambezi River in Tete province, as well as the construction of a hydroelectric plant with an installed power generation capacity of up to 1500 MW and a power transmission line of 1300 kilometres from Tete to Maputo.

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