Wednesday, March 23, 2011

EDM INVESTING 120 MILLION DOLLARS A YEAR

Mozambique’s publicly-owned electricity company, EDM, will continue to invest around 120 million dollars a year in expanding the national grid and improving the quality of the electricity supplied, according to the EDM chairperson, Manuel Cuambe.Speaking to reporters in Maputo, during an interval in a meeting of top EDM managers drawing up a balance sheet of the company’s activities in 2010, Cuambe said that, out of its own funds, EDM is investing 60 million dollars a year, “and on top of that comes support from the government and cooperation partners, bringing the total to an average of around 120 million dollars a year”.According to Cuambe, in 2010 EDM connected 181,000 new clients to the grid, an increase of 10 per cent on the figure for 2009. There are now 858,000 clients on the grid, and 78 per cent of them use the “CREDELEC” system of pre-paid vouchers, which allows consumers to control how much electricity they use. This year, EDM plans to connect between 140,000 and 150,000 new clients.In 2010, a further seven district capitals were connected to the grid, namely Zumbo (in Tete province), Mocimboa da Praia (Cabo Delgado), and Sanga, Mechanhelas, Maua, Metarica and Marrupa (Niassa). This year two more Cabo Delgado districts, Macomia and Mueda, have been connected.There are now 96 district capitals electrified, compared with 87 at the end of 2009. “Our perspective is to continue connecting more district capitals so that, by 2014, all 128 district capitals are on the national grid”, said Cuambe.

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