ENE plans to double Angola’s generation capacity in 2014
Issue 267
- 06 Dec 2013
| 1 minute read
Angola has some very ambitious plans, but traditionally suffers from sliding deadlines, and it is unlikely to meet its most immediate target of doubling electricity generation by end-2014. Even so, a number of major schemes are lining up, including Cambambe II – for which HSBC is leading financing – and later in the decade the 2,070MW Luca hydroelectric power plant on the Kwanza River. A number of targets were written into the government’s 2013-17 Plan of Action for the Energy and Water Sector, drawn up by the Ministry of Energy and Water.
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