China International Fund cement plant provides electricity to the Angolan public grid


Updated Tue, 17 Nov 2015 17:36:03 GMT

Angola: China International Fund's (CIF) cement plant in Luanda will provide 50MW of electricity to the Angolan public grid, under a presidential order authorising the purchase of energy. The order said that the power purchase agreement would be valid for ten years, but gave no figures for the amounts involved in the purchase of electricity by state-owned Rede Nacional de Transporte (National Transmission Grid).

"Given that the studies conducted to assess the supply and demand for electricity in the Luanda region indicate a deficit of 400MW, this contract is authorised until structural projects that are underway start operating," said the order authorising the contract with CIF.

The government of Angola is working on several projects that will increase national electricity production, including the construction of two dams by Brazil's Odebrecht. This is the case of the US$4.3bn Lauca hydroelectric facility in Cambambe, Kwanza Norte financed by a credit line from Brazil. From 2017 it will produce 2,070MW of electricity and serve five million people. Another of the works involves increasing the power of the Cambambe hydroelectric facility, in the same municipality, which will increase from 180MW to 700MW and be put into operation in stages during the second half of 2016.

The future Soyo combined-cycle plant, the construction of which is the responsibility of the China Machinery Engineering Corporation (CMEC) and that will cost the Angolan state more than US$900m, will provide electricity to the capital, Luanda, and north of Angola from 2017 onwards.