Neoen signs contract for solar concession in Mozambique
Neoen has reportedly signed a concession contract with the Mozambican government for the construction of a solar power plant in the north of the country.
The estimated cost of construction of the power plant is more than US$50 million. It will be installed in Metoro, located in the district of Ancuabe, Cabo Delgado province and will generate 41 MW of electricity, which will be sold in the region.
This project is part of the government’s programme to accelerate the country’s electrification, while also improving the quality and availability of electricity in the northern region of the country.
Country updates
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July 12, 2018
Concession of the port of Beira, Mozambique, extended for 15 years
The Mozambican government has granted a 15-year extension to Cornelder de Moçambique for the concession contract for the operation of the port of Beira, located in Sofala Pr...
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January 09, 2018
The ports arm of the Indian Essar group claimed on Monday that it will invest US$500 million over the next 30 months to expand capacities at two existing Indian projects, including the concession of coal terminal
The ports arm of the Indian Essar group claimed on Monday that it will invest US$500 million over the next 30 months to expand capacities at two existing Indian projects, including the concession of c...
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August 08, 2017
Essar Ports signs first overseas project in Mozambique
Essar Ports, one of the largest private sector port companies in India, has announced it has signed a contract for its first first overseas port project at Mozambique.
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July 06, 2016
South Africa Infrastructure Fund (SAIF) sells stakes in three toll road assets
African Infrastructure Investment Managers (AIIM) has announced the successful sale of investments in three privately-concessioned toll roads in Southern Africa. Acting as the manager of the South Afr...
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April 03, 2014
Essar Ports to invest in Mozambique port concession
Indian port operator, Essar Ports, has sought the approval of its shareholders to invest up to US$25 million in a joint venture, which plans to develop a coal terminal at the Beira port in Mozambique.
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