Mozambique: EDM, private developers push coal-fired plants

Issue 320 - 24 Mar 2016
While considerable investor attention is focused on gas-fired power plants, and Mozambique is seeking to tap more of its hydroelectric potential, Electricidade de Moçambique (EDM) and associated private investors are focused on developing at least 930MW of new coal-fired capacity. All these projects “have to be done off-balance sheet as EDM doesn’t have the financial strength”, the utility’s director of market operations, Aderito Manso de Sousa, said in Johannesburg on 15 March.

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