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    9 May, 2017
Electricity sales rise by 78 per cent
 
Maputo, 9 May (AIM) – Mozambique’s publicly owned electricity company, EDM, increased its sales of power by about 78 per cent between 2015 and 2016.

According to EDM, between January and December 2016 the company’s sales of electricity amounted to 29.122 billion meticais (about US$460 million at current exchange rates), compared with 16.348 billion meticais in 2015.

In terms of gigawatt-hours sold, the increase was a much more modest four per cent, rising from 3,907 gigawatt hours in 2015 to 4,054 in 2016.

There was also a very substantial increase (79 per cent) in the amount of electricity that EDM exported to neighbouring countries, rising from 862 gigawatt-hours in 2015, to 1,541 gigawatt hours last year.

These figures were presented in a report given to an EDM assessment meeting held in Maputo on 12-13 April. The company management described 2016 as “a very challenging year, both internally and because of the macro-economic situation of the country. Nonetheless, substantial achievements were made”.

Gains made in sales of power were to some extent cancelled out by a huge rise in the costs of acquiring and producing electricity, which rose from 9.8 billion meticais in 2015 to 22.5 billion last year – an increase of almost 130 per cent.

The company also faced energy losses, the theft of electricity and the vandalisation of its equipment. It put the cost of vandalisation (usually in order to steal and sell cables and metallic components) at 24 million meticais last year.

EDM hopes to connect 200,000 new clients to the national grid this year. The company says it will deal directly with the manufacturers of electricity meters, and believes this will reduce the cost of acquiring the meters by 50 per cent.
(AIM)
 
 
  10 January, 2018  
 
Goods traffic to resume between Cuamba and Lichinga
 
Goods traffic is to return to the branch line between the cities of Cuamba and Lichinga, in the northern Mozambican province of Niassa, under an agreement reached between the Niassa provincial government and the Northern Development Corridor (CDN), the private-led consortium that operates the line.

 
  9 January, 2018  
 
Chimoio government distributes seeds
 
The government of Chimoio city, in the central province of Manica, has distributed 2,000 tonnes of vegetable seeds to poor peasant farmers in the city’s green belt.

 
  8 January, 2018  
 
Essar Ports to invest in Beira
 
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, at Hazzira and Salaya, and to build a new coal terminal in Mozambique.

 


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