The Benga Independent Power Project is 300MW coal fired power project. It is planned in Tete, Mozambique. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
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 $568.05m.
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Electricidade de Mocambique EP under a power purchase agreement. The offtake capacity is expected to be 150MW.
For more details on Benga Independent Power Project, buy the profile here.
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) is a multi-asset energy development company. It provides power solutions, integrating clean fossil fuel technology, renewable generation technology and energy storage technology. The company 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.