The Benga Independent Power Project is 300MW coal fired power project. It is planned in Tete, Mozambique. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 300 | – | 300 | Permitting | Tete, Mozambique | Electricidade de Mocambique EP; Kibo Energy; Termoelectrica de Benga |
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Description
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The project is being developed by Electricidade de Mocambique EP, Kibo Energy and Termoelectrica de Benga. Kibo Energy and Termoelectrica de Benga are currently owning the project having ownership stake of 65% and 35% respectively.
It is a steam turbine power plant. The fuel will be procured from Vale S.A.
The project cost is expected to be around $568.71m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Electricidade de Mocambique EP under a power purchase agreement.
About Electricidade de Mocambique EP
Electricidade de Mocambique EP (EDM) is a state owned vertically integrated energy utility that generates, distributes, transmits, and commercializes electricity. It produces electricity from hydro and thermal sources. The company has interests in the Lichinga, Cuamba, Corumana, Chicamba, and Mavuzi hydro power plants; and Temane thermoelectric power plant, GTG Beira, GTG1 Maputo, Maputo Thermoelectric, and Xai- Xai thermal power plants. EDM distributes electricity across Southern region including Maputo Province, Chokwe, Xai-Xai, and Inhambane; Central region: Beira, Chimoio, TeTe, Mocuba, and Quelimane; Northern region: Nampula, Nacala, Pemba, and Lichinga. The company commercializes integrated prepaid energy sales system Credelec Online services through mobile phones, ATM, Internet, and street sales. EDM is headquartered in Maputo, Mozambique.
About Kibo Energy
Kibo Energy Plc (Kibo Energy), formerly known as Kibo Mining Plc, is a multi-asset energy development company. The company is positioned to address acute power deficits in Sub-Saharan Africa and the UK. The company provides power solutions, integrating clean fossil fuel technology, renewable generation technology and energy storage technology. It is developing two thermal power projects, the Benga Independent Power Project in Mozambique and the Mabesekwa Coal Independent Power Project in Botswana, in addition to developing the market for the advanced Mbeya Coal to Power Project in Tanzania. The company has operations in Ireland, Mozambique, Botswana, Tanzania, South Africa and the UK. Kibo Energy s headquartered in Galway, Ireland.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
