The Mozambican government announced Wednesday that the future Mphanda Nkuwa hydroelectric power station will generate nearly 14 billion dollars in revenue.
This massive green energy initiative promises to ignite the regional economy by creating up to 7,000 direct construction jobs.
Officials estimate the total capital investment will flow between six billion and seven billion dollars to unlock this current.
The grand engineering timeline projects the development phase to conclude by 2028, sparking initial construction the following year.
Commercial operations are scheduled to begin in 2034, sending clean energy coursing through a vast national power grid.
The infrastructure includes a colossal 1,500-megawatt plant positioned downstream from the historic Cahora Bassa dam on the Zambezi River.
A strategic 1,300-kilometer high-voltage transmission line will bridge the central Tete province directly to the southern hub of Maputo.
This critical power corridor aims to bolster national energy security while expanding electricity exports to eager neighboring African nations.
International financial institutions continue to show strong interest, keeping financial closure steady despite minor private consortium structural shifts.
The project features partnerships with state utilities EDM and HCB alongside a consortium led by the French titan EDF.