Mpanda Nkuwa Hydropower Plant (HMNK)

Construction of 1,500 MW Mphanda Nkuwa hydro-electric dam in Mozambique.

DESCRIPTION

The project entails the construction of a hydro power station in the Tete province of Mozambique situated along the Zambezi River, 61km downstream from Cahora Bassa. Phase I of the project is estimated to provide 1,500 MW generating capacity with Phase II adding a further 900 MW of capacity. The plant is mid merit and will be able to provide both peak and off peak power. The plant is expected to be able to supply approximately 850 MW of firm power. The electricity generated is expected to be transported down the CESUL transmission line. The proje's anchor customers are expected to be EDM (10% to 20% of offtake) and a power utility of a neighbouring country.

OBJECTIVES AND RATIONALE

PROJECT RISKS

Environmental Risks: Not Reported Social Risks: Resettlement process of appr. 400 households (2000 people). Socio-Enviro Classification: B - limited and/or reversable social and environmental impacts Other External Risks: Not Reported

PROJECT ECONOMICS

• NET PRESENT VALUE: 0.00

• COST BENEFIT RATIO: 0.00

• FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00

• ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00

• COMMENTS ON ECONOMICS: It is expected that the project will be concessioned for a period of 35 years.

PROJECT FINANCING

	PREPARATION	CAPEX
COST:	120.00	2400.00
COST SECURED:	0.00	0.00
FINANCING TYPE:
FINANCIERS:

OPERATION AND MAINTENANCE

OVERALL COST: 0.00

ANNUAL COST: 0.00

COMMENTS ON FINANCE:

HMNK envisages various groups of lenders playing a role in this project. This will include Development Finance Institutions (such as the World Bank, African Development Bank, European Investment Bank, Development Bank of Southern Africa), Export Credit Ag

2012: HMNK envisages various groupsof lenders playing a role in thisproject. This will includeDevelopment Finance Institutions(such as the World Bank, AfricanDevelopment Bank, European InvestmentBank, Development Bank of SouthernAfrica), Export Credit Ag

STUDIES

PROJECT STAKEHOLDERS

Lead National Agency

Mozambique - Electricidade de Mocambique

Development Partner

World Bank

Regional Coordinator

Southern African Development Community

Lead National Agency

Mozambique - Hidroeléctrica de Mphanda Nkuwa

Sectoral Organisation

Southern African Power Pool

Private Sector Partner

South Africa - Transnet

CONTACTS

Senior Transaction Advisor Omar Vajeth-omar.vajeth@sapp-pau.com

Chief Engineer Alison Chikova-alison.chikova@sapp.co.zw

Infrastructure Expert (NEPAD) Mr. Ahid Maeresera -ahidm@nepad.org

CONTRIBUTION TO 2030 AGENDA