Mozambique: Power sector moves towards a ‘new normal’
- 30 Jun 2017
Following management changes and an upturn in its financing, Electricidade de Moçambique (EDM) was “redefined” as a more commercial and efficient organisation in 2016, the state utility’s chairman and chief executive Mateus Magala told the Africa Energy Forum (AEF) on 7 June. EDM has added 350MW generation capacity in the last two years, according to board member Carlos Youm – and expects to add 950MW in the next five years, providing the government approves further reforms, including cost-reflective tariffs. With the utility on a firmer footing, it will take “two years to establish the new normal”, Magala said.
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