The Mozambican Ministry for Development and Planning said that Pan-African news agency (PANA) reported that, the World Bank assures to grant $100 million to help fund power projects at Mozambique. Norway assured The Mozambican government for the construction of a power transmission line from the centre to the south of the country valued at $45 million, added PANA. Transmission line work follows the building of two hydroelectric dams "the size of Cahora Bassa", which improves quantity of power.
The 1,500 kilometres power transmission cable, commencing in 2011, would be built between the central province of Tete and the capital, Maputo in the south of the country, is expected to cost $2.4 billion. The project would be carried out by a public-private partnership, said a statement from the Mozambican ministry sent to PANA in Dakar.
Mozambique’s minister for planning and development said that, Aiuba Cuereneia, due to the shortage of an internal transmission requires Mozambique to purchase power from South Africa that is produced by Mozambique itself.
The two new hydroelectric facilities, which would be located in Tete province, Cahora Bassa Norte, with 1,245 megawatts (MW) and Mpanda Nkuwa, with 2,400 MW are built with an estimated cost of $1 billion and $1.8 billion respectively.