MOZAMBIQUE

Ressano Garcia thermal power plant:

A loan to support power generation
in Mozambique

©Magali Mayssal / P roparco

The Ressano Garcia gas-fired thermal power plant will supply electricity to Southern Mozambique at a
competitive price, while reducing its dependence on energy imports.

PROJECT DESCRIPTION
07/09/2017
T he po we r plant is lo cate d in Re s s ano Garcia, with the Date of signature of the project
Te mane -Se cunda gas pipe line co nne cting the gas fie lds
Renewable energies and
to So uth Africa. energy efficiency
T he pro je ct will s upply So uthe rn Mo z ambique , the sector(s)
co untry’s large s t co ns umptio n ce nte r. T he po we r will be
Mozambique
trans fe rre d to Maputo via an e xis ting 275 kV line
Location
o pe rate d by EDM.
Loan
Financing tool

CLIENT PRESENTATION 43 813 529 Euros

Amount of funding
EDM is the public o pe rato r fo r Mo z ambique ’s e le ctricity
s e cto r and is 51%-o wne d by the Jo int Ve nture . T he Loan of USD 50 M
pro je ct will allo w EDM to de ve lo p e xpe rtis e in s tructuring Financing details
public-private partne rs hips . T his will be invaluable fo r its
CENTRAL TERMICA DE
future inve s tme nts in the fie ld o f po we r ge ne ratio n and RESSANO GARCIA SA
trans mis s io n. Client
Sas o l Ne w Ene rgy, a who lly-o wne d s ubs idiary o f SASOL
Ltd, o wns 49% o f the capital. Sas o l Ltd is o ne o f the B+
wo rld le ade rs in pe tro che micals . Sas o l is lis te d o n the
Ne w Yo rk and Jo hanne s burg Sto ck Exchange s (marke t CES
cap. o f USD 19bn). Sas o l Ltd has a s table B B B rating
(S& P ) and s table B aa1 (Mo o dy's ).

PROJECT IMPACT

T he pro je ct will impro ve e ne rgy s upply in Mo z ambique ,

particularly in the city o f Maputo -Mato la, and will re place
impo rts fro m So uth Africa with a do me s tic e ne rgy
s o urce .
CT RG will ge ne rate 1,200 GWh o f e le ctricity a ye ar at a
co mpe titive price (9 US ce nts /kWh vs . 15 US ce nts /kWh
fo r e ne rgy pro duce d fo r do me s tic ne e ds and vs . 23 US
ce nts /kWh fo r e ne rgy impo rte d fro m So uth Africa).
In additio n, the pro je ct will s uppo rt the e mplo yme nt o f
s o me 300 pe o ple fo r the co ns tructio n and o pe ratio n o f
the po we r plant.
It will als o ge ne rate o ve r USD 25m o f go ve rnme nt
re ve nue s e ve ry ye ar.

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Tel: (261 20) 22 200 46 à 48 | afdantananarivo@afd.fr