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The World Bank Group has approved $420 million in assistance to strengthen Mozambique's electricity transmission system
.
The assistance will be channelled through private sector investment to modernize the Mosankobe transmission system
.
At the same time, the aid will also help expand the country's energy generation capacity
.
In addition to World Bank assistance, the project will receive $24 million from
the Norwegian Trust Fund.
Mozambique will use the funds to aid the development of the Temane Regional Power Project (TREP), which includes the construction of a 563-kilometre high-voltage line
between the capital Maputo and Vilanculos/Temane.
Not only that, but the plans also include the construction of a 400 MW combined cycle gas-fired power plant
in Temane.
"In addition to enhancing transmission and generation capacity, TREP will fund technology research to support regional power integration and renewable technologies
in power system planning and operation.
It will also support research on investment plans in the power sector, including Mozambique's role in regional trade," said
Zayra Romo, senior energy expert and task force leader for the project.
"It is also the basis for developing Mozambique's domestic power system, expanding energy supply, and ensuring a secure, affordable and sustainable electricity supply, which is one of the key drivers of Mozambique's economic and social development," said
Mark R.
Lundell, World Bank Program Manager in Mozambique.
。
"The Temane project is key to
increasing electricity trade opportunities between SAPP (Southern African Electricity Union) countries.
Despite the subregion's abundant energy resources, the lack of cross-border interconnectivity remains a major constraint
.
Full integration of SAPP countries' electricity systems and more electricity trade could save $42 billion in investment and operating costs
by 2040.
The Bank is committed to helping Southern Africa realize these potential savings," said
Deborah Wetzel, World Bank Regional Integration Program for Africa, Middle East, and North Africa.
The World Bank Group has approved $420 million in assistance to strengthen Mozambique's electricity transmission system
.
The assistance will be channelled through private sector investment to modernize the Mosankobe transmission system
.
At the same time, the aid will also help expand the country's energy generation capacity
.
In addition to World Bank assistance, the project will receive $24 million from
the Norwegian Trust Fund.
Mozambique will use the funds to aid the development of the Temane Regional Power Project (TREP), which includes the construction of a 563-kilometre high-voltage line
between the capital Maputo and Vilanculos/Temane.
Not only that, but the plans also include the construction of a 400 MW combined cycle gas-fired power plant
in Temane.
"In addition to enhancing transmission and generation capacity, TREP will fund technology research to support regional power integration and renewable technologies
in power system planning and operation.
It will also support research on investment plans in the power sector, including Mozambique's role in regional trade," said
Zayra Romo, senior energy expert and task force leader for the project.
"It is also the basis for developing Mozambique's domestic power system, expanding energy supply, and ensuring a secure, affordable and sustainable electricity supply, which is one of the key drivers of Mozambique's economic and social development," said
Mark R.
Lundell, World Bank Program Manager in Mozambique.
。
"The Temane project is key to
increasing electricity trade opportunities between SAPP (Southern African Electricity Union) countries.
Despite the subregion's abundant energy resources, the lack of cross-border interconnectivity remains a major constraint
.
Full integration of SAPP countries' electricity systems and more electricity trade could save $42 billion in investment and operating costs
by 2040.
The Bank is committed to helping Southern Africa realize these potential savings," said
Deborah Wetzel, World Bank Regional Integration Program for Africa, Middle East, and North Africa.
