In the third half of this year, the Cahora Bassa Hydroelectric Plant (HCB) recorded hydroelectric production of 12,120 GWh, 14.3 per cent more than planned, in a year with a production target of 14,292 GWh.
In view of this result, the chairman of HCB’s Board of Directors (chairmans), Tomás Matola, quoted in a statement released on Thursday 2 November, to which DE has had access, said that the hydroelectric plant now expects to exceed its annual target, which could be 15 488 GWh by the end of the year, thus strengthening Mozambique’s position as a regional energy hub.
“In the period under review, HCB managed to achieve a turnover of more than 54.2 per cent of the revenues planned for the period, while successfully closing negotiations on the adjustment of the energy export tariff. These factors combined represent significant gains for the company and the country,” explained the chairmans, adding that “the figures presented will contribute to the realisation of critical investments in production chain equipment and in projects to increase energy generation capacity, which is expected to reach 4,000 MW by 2032.”
With regard to the reservoir’s water resources, HCB revealed that at the start of the 2023-24 rainy season it had 92.5 per cent of its useful volume in storage. “This quota is satisfactory and, combined with careful, technical-scientific management and the technological means at the company’s disposal, it will ensure the power generation process until the end of the year,” the hydroelectric company’s statement added.
HCB is currently the largest electricity producer in Mozambique and has a capacity of 2,000 MW, of which almost 250 MW is supplied locally, 1,000 MW to South Africa and 400 MW to Zimbabwe.