South Africa: ESKOM working with Mozambican technicians to restore power

South Africa: ESKOM working with Mozambican technicians to restore power

JOHANNESBURG – Eskom says it’s working with technicians in Mozambique to restore power supply through the two power lines that went offline cutting about 1,000 megawatts of power from the grid. Advertisements

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Mozambique Energy: Ncondezi Energy confirms related-party transactions with Synergy Consulting

Mozambique Energy: Ncondezi Energy confirms related-party transactions with Synergy Consulting

Ncondezi Energy confirmed it had signed contracts and paid for the services of Synergy Consulting Infrastructure and Financial Advisory Services, which counts its founder and majority shareholder as a director of Ncondezi Energy.

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

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

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.

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Africa Energy: South African miners want restructuring of power firm Eskom

Africa Energy: South African miners want restructuring of power firm Eskom

South African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said on Wednesday, warning that tariff hikes alone would not solve Eskom’s problems.

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Mozambique Energy: EdM claims US$100M in losses due to illegal connections

Mozambique Energy: EdM claims US$100M in losses due to illegal connections

Mozambican state electricity company EDM loses US$100 million annually due to illegal connections to its grid, the company’s new chairman, Ale Sicola, told Mozambican newspaper O Pais adding that he plans to introduce “smart” electricity meters to minimise the problem.

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Africa Energy: TESLA to Enter Nigerian Energy Market

Africa Energy: TESLA to Enter Nigerian Energy Market

US electric car manufacturer, TESLA, plans to introduce batteries on the Nigerian market that can power homes and businesses. The batteries would allow for consumers’ in remote areas without access to the national power grid a more stabilized and clean energy source. Director General of the Bureau of Public Enterprise, Alex Okoh, said, “TESLA’s introduction could take advantage of palpable outrage in a country where over 190 million people share barely 400 MW of power”….

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