HCB

Mozambique Energy: Cahora Bassa Hydroelectric on stock exchange yet this quarter

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

Hidroeléctrica de Cahora Bassa (HCB), the EDM-owned company which owns the giant hydropower plant in Tete province on the Zambezi river, will list on Mozambique’s stock exchange, the BVM, by the end of Q1 2019, BVM head Salim Vala said yesterday quoted by State-run newspaper Noticias. It wants to sell 7.5% of its shares to Mozambican investors.

Mozambique Energy: Cahora Bassa hydroelectric plant to invest €500 million in 10 years

Posted on September 18, 2018September 18, 2018 by Mozambique Resources Post

The Cahora Bassa Hydroelectric Plant (HCB) has a 10-year investment plan in the amount of 500 million euros, Vital Capex, to recover and modernise the company’s electricity production system, said the company’s chairman.

Mozambique Energy: Delayed entry of Cahora Bassa hydroelectric in local Stock Exchange

Posted on August 31, 2018 by Mozambique Resources Post

The Public Offering (IPO) of shares corresponding to 7.5 percent of the share capital of the Cahora Bassa Hydroelectric Dam (HCB) in Mozambique Stock Exchange (BVM) is delayed. “We must avoid giving information that eventually will give advantage to certain people” tried to clarify clarified the HCB CEO, Pedro Couto.

Mozambique Energy: “HCB announces power tariff increase for Eskom” – @Verdade

Posted on August 31, 2018 by Mozambique Resources Post

The state-run company Hidroelectrica de Cahora Bassa (HCB) revealed an increase in 46 percent on the tariff charged to Eskom”, meanwhile it kept the taboo on the price that South African electricity purchase energy.

Mozambique Energy: Cahora Bassa dam operating below capacity due to lack of water

Posted on August 30, 2018 by Mozambique Resources Post

Cahora Bassa Hydroelectric (HCB), a company that operates the Cahora Bassa dam on the Zambezi River in Tete, Mozambique, made a profit of 7.2 billion meticais (about US$118 million) in 2017, despite the facility being unable to operate at its full capacity due to the low water level in the reservoir, Mozambican state news agency AIM reported.

Mozambique Energy: Construction of the Mpanda Nkuwa dam is a priority for the Cahora Bassa

Posted on August 29, 2018 by Mozambique Resources Post

The launch of the Mpanda Nkuwa Dam in Mozambique’s Tete province is a priority for the Cahora Bassa Hydroelectric Plant company (HCB), which is part of the consortium responsible for the new dam’s construction, said the chairman of the board of HCB, Pedro Couto.

Mozambique Energy: “HCB must expand portfolio,” says chairperson

Posted on August 29, 2018 by Mozambique Resources Post

Hidroelectrica de Cahora Bassa (HCB), the company that operates the Cahora Bassa dam on the Zambezi river, in the western Mozambican province of Tete plans to expand and diversify its business portfolio, to mitigate the risk of concentrating its entire assets in one place.

Mozambique Energy: HCB injects more than double the revenue to state coffers

Posted on August 24, 2018 by Mozambique Resources Post

Revenue from the Cahora Bassa Hydroelectric Power Plant (HCB) entering the public coffers reached approximately US$10 million at the end of the first half of this year, more than twice that in the same period in 2017.

Mozambique Energy: HCB appoints banking consortium for share offer

Posted on July 3, 2018 by Mozambique Resources Post

Hidroelectrica de Cahora Bassa (HCB), the company that operates the Cahora Bassa dam on the Zambezi, in the western Mozambican province of Tete has announced that a consortium between the BCI (Commercial and Investment Bank), the second largest commercial bank in Mozambique, and the Global Investment Bank (BIG) of Portugal, will head the banking syndicate in charge of selling 7.5 per cent of HCB shares.

Mozambique Energy: Cahora Bassa Hydroelectric to improve structural safety

Posted on June 12, 2018 by Mozambique Resources Post

Hidroeléctica de Cahora Bassa SA (HCB) and Guncrete Geotechnical (Pty) Ltd have signed a contract for geotechnical work to improve the structural safety of the rocky southern slope of the dam.

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