Africa
India finances power project in southern Mozambique
Last Updated:2013-02-17 18:50 | Xinhua
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India has made 250 million U. S. dollars available to finance a power project in the Maputo region in southern Mozambique, the Mozambique News Agency (AIM) said on Sunday.

Citing the chairman of Mozambican Electricity Company (EDM), Augusto de Sousa Fernando, AIM said the project will kick off by June and end in 2016.

Fernando also said the project is in the phase of elaboration and that the tender will be published soon to select the company to accomplish the work.

"This project will help respond to the need for power supply in Maputo region," he said.

The Mozambican capital Maputo, which shares the name of the region, is always expanding and needs new investments for the growing need of power, Fernando said.

In the northern region, particularly in Nacala of Nampula province, power consumption grew by 26 percent last year, Fernando said, adding that the EDM needs new investment in building the second power transmission line in Nacala.

The Maputo region, particularly the Mozambican capital, suffered power cuts last week as a result of the explosion of the distribution control panels, the problem which will involve 6 million dollars to be solved.

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