Mozambique Energy Industry: REN Chairman says investments will begin in 2017
The investments that power grid group Redes Energéticas Nacionais (REN) has planned for Mozambique “between Tete and South Africa,” are likely to begin only in 2017, the outgoing chairman of the group, Rui Cartaxo, said Tuesday. According to Portuguese weekly newspaper Expresso, Cartaxo made the statement on the sidelines of a ceremony to sign a contract for 200 million euros provided by the Bank of China. The last large project carried out by REN in…
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