China Eximbank pledges support for $2.3 billion Mpanda Nkuwa Hydroelectic Power Plant Project
Pledged amount
$ 3454623111.032022
Adjusted pledged amount
$ 3454623111.032022
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Mozambique
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
In 2009, China Eximbank pledged to provide a $2.3 billion loan for the Mphanda Nkuwa Hydroelectric Power Plant Project. This project involves the construction of gravity dam that has 13 floodgates and a 1500 megawatt hydropower plant with four 375 megawatt turbines. The project also involves the construction of a transmission line from the dam site to Maputo. The planned power plant construction site is located in the Zambezi River Basin and would allow for low cost electricity to be exported to the South African Power Pool market.
Additional details
This project is also known as the Mphanda Nkuwa Hydroelectic Power Plant Project. The Chinese project title is 姆潘达·恩库瓦水电站.
Number of official sources
0
Number of total sources
9
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mozambique [Government Agency]