Pedro Couto

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 remains operationally & financially strong

Posted on May 14, 2018May 14, 2018 by Mozambique Resources Post

Cahora Bassa Hydroelectric Company, located in the Songo village of Tete province, is considered operationally and financially stable despite occasional adjustments to production resulting from weak rainfall that has caused a drought in the Zambezi valley.

Mozambique Energy: HCB to invest US$49M for power supply improvement

Posted on March 15, 2018 by Mozambique Resources Post

The Cahora Bassa Hydroelectric Plant will invest US$49 million modernising a substation in order to improve the quality of energy exported to South Africa, the company says in a statement.

Mozambique Energy: “HCB must diversify business and markets” – CEO

Posted on January 20, 2018 by Mozambique Resources Post

The Chairman of the Board of Directors of the Mozambican Hydroelectric Plant of Cahora Bassa (HCB), Pedro Couto, recently defended a diversification of the range of businesses and markets for the company to mitigate the risks it faces.

Mozambique Energy: HCB marks historic Cahora Bassa transfer, cuts capex

Posted on November 14, 2017November 14, 2017 by Mozambique Resources Post

Hidroelectrica Cahora Bassa (HCB), the Mozambique concession company which operates the Cahora Bassa dam and the 2 075 MW hydropower plant, is poised to move into a period of sustained investment, having settled all debt associated with the 2007 transfer of ownership of the scheme from Portugal to Mozambique.

Mozambique Oil & Gas: “Energy Minister’s Sacking Will Not Affect Gas Project Decision” – Eni CEO says

Posted on September 30, 2016 by Mozambique Resources Post

The sacking of Mozambique’s energy minister will not affect Italian oil firm Eni’s final investment decision on an offshore gas project there, Eni Chief Executive Claudio Descalzi said on Friday as reported by Reuters.