Former Frelimo Secretary General Roque Silva has been appointed non-executive director of Hidroeléctrica de Cahora Bassa (HCB), a company source confirmed. Roque Silva has a degree in Public Administration and worked for the Ministry of State Administration and Civil Service, where he served as deputy minister until he was dismissed by the President of the Republic, Filipe Nyusi, on...
Tag: Hydroelectric of Cahora Bassa (HCB)
HCB announces payment of millionaire dividends to its shareholders
Hidroeléctrica de Cahora Bassa, S.A. (HCB), hereby informs its shareholders who hold shares in the company on May 13, 2024, that it will pay dividends on May 23, 2024, for the financial year ending December 31, 2023, on which date they will be able to confirm...
HCB denies having taken on obscure debt of 250 million euros
Hidroeléctrica de Cahora Bassa (HCB) denies having contracted a non-transparent debt valued at 250 million euros with national or international financial institutions. The company is thus reacting to a video circulating on social media in which it is said that the institution contracted the debt and the destination of the amount is questioned. O...
HCB achieves hydro-energy production of 8,013.6 GWh in the first half of the year
Hidroeléctrica de Cahora Bassa (HCB), one of the largest independent power producers in southern Africa, achieved hydro-energy production of 8,013.6 GWh in the first half of 2023. According to the company's press release, the figure exceeds the half-year production plan by 14.8% and by 0.6%, compared to the same period in...
Cahora Bassa leads electricity generation in Mozambique
The Cahora Bassa dam continues to be responsible for the vast majority of electricity produced in Mozambique, according to the latest government figures. According to the latest energy report, around 80% of the energy generated in the country comes from hydroelectricity, which is almost exclusively produced at the reservoir. The rest comes from...
HCB produced close to 16,000 Gwh of energy in 2022
Hidroeléctrica de Cahora Bassa (HCB) S.A, one of Africa's largest independent power producers, recorded an overall production of 15,753 GWh in 2022, corresponding to 5.09% above the volume of production achieved in 2021. According to a statement sent to our newsroom, this production generated considerable revenue and strengthens the financial and performance indicators of the...
HCB produces 77% of the energy consumed in the country
Today, 15 years after it was taken over by Mozambique, the Cahora Bassa Hydroelectric Plant (HCB) is responsible for 77% of the electricity consumed in the country, according to the President of the Republic (PR). For Filipe Nyusi, HCB plays a crucial role in the country's development, and the reversion of the company represents...
Strategic partner for Mphanda Nkuwa Hydropower Project known this year
The strategic partner to lead the Mphanda Nkuwa dam construction project, alongside the public companies Electricidade de Moçambique (EDM) and Hidroeléctrica de Cahora Bassa (HCB), should be known by the end of this year. In the same period the "reserve" partner for the same project will be selected. According to the daily newspaper "Notícias", the...
HCB reaches 15% of hydro-energy production
Hidroeléctrica de Cahora Bassa (HCB), fixed the hydroelectric production of the 1st semester in 7.965 GWh, a little more than 15% above the production verified in the same period in 2021, says a communiqué sent to our newsroom. This is a hydroelectric production achieved without the occurrence of accidents and that exceeds the most optimistic expectations...
HCB could increase current transmission capacity
Five more power generators started operating in Songo, in Tete province, and may increase the production and power transmission capacity of Hidroeléctrica de Cahora Bassa (HCB), the company reveals. The commissioning of these five generators will minimize losses and increase the availability of electrical energy. Each generator has the...