The Ministry of Mineral Resources and Energy, MIREME, of Mozambique, has approved eight groups to participate in the planned Mphanda Nkuwa Hydropower Project tender. The plant will produce 1,500 MW of electricity.
Gabinete de Implentacao do Projecto Hirdoelectrico de Mphanda Nkuwa (GMNK) represents the Ministry for the project. Synergy Consulting supports the client as a transaction advisor, while Worley and Baker Mckenzie act as technical and legal advisors, respectively.
The eight qualifying groups are:
- ETC Holdings (Mauritius)/ ZESCO (Zimbabwe)
- Longyuan Power Overseas (China)/ Dadu River Hydropower Development Company & China Energy International Group
- PowerChina Resources
- WeBuild Group (Italy)/ ZESA (Zimbabwe)
- Scatec (Norway)
- Sumitomo Corporation (Japan)
- EDF (France)
- Kansai Electric Power Company (Japan)
The Mphanda Nkuwa hydropower plant will be located on the Zambezi River, about 60 km from the Cahora Bassa Dam.
The strategic partner (listed first where there are two companies in the list above) will be the major shareholder in the plant, with government-owned Electricidade de Mozambique (EDM) and Hidoelectrica de Cahora Bassa (HCB) owning the remaining shares.
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