The Chairman of the Board of Directors of Eletricidade de Moçambique (EDM), Marcelino Alberto, assured that the company is prepared to give a consistent response to the large demand for energy in the Southern African Power Pool (SAPP) market. Marcelino Alberto, who was speaking at an event at the Africa Energy Forum (AEF) 2023, taking place in Nairobi,...
Tag: Marcellin Alberto.
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EDM to lose 6.7 billion Meticals by 2022
Electricity of Mozambique (EDM), a state-owned company, recorded a loss of 6.7 billion Meticais in 2022, according to a press release to which MZNews has had access. According to the Chairman of EDM's Board of Directors, Marcelino Alberto, who was speaking yesterday at a meeting to review the financial year for 2022, the results...
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EDM to invest over $300 million in new connections by 2022
A little over US$300 million is the amount that the state-owned electricity company Eletricidade de Moçambique (EDM) will invest this year in new electricity connections as part of the presidential initiative energy for all. The announcement of the investment for the expansion of the electricity grid was made by the president of the board of directors of the company EDM,...