Bloomberg News

Mozambique Approves Takeover of Hydroelectric Dams

November 15, 2011

Nov. 15 (Bloomberg) -- The Mozambican Cabinet approved a decree transferring ownership of the Chicamba and Mavuzi hydroelectric dams to the state-run power utility Electricidade de Mocambique EP, Cabinet spokesman Alberto Nkutumula said.

The dams’ original owner, Sociedade Hidroelectrica de Revue, “abandoned the facilities in 1978 and never returned,” Nkutumula told reporters today in the capital, Maputo.

EDM, as the state-owned power utility is known, will take over the dams’ machinery, electric lines and substations, said Nkutumula. He did not say how much the dams and equipment were worth.

The two dams, which are more than 40 years old, have a maximum generating capacity of 88 megawatts, he said. They are connected to the national grid and operate with the Cahora Bassa dam, supplying electricity to the country’s central region and neighboring Zimbabwe, he said.

--Editors: Hilton Shone, Karl Maier

To contact the reporter on this story: Fred Katerere in Maputo at fkaterere@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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