The financial statements of Hidroeléctrica de Cahora Bassa (HCB), for the year 2021, revealed a loss of 21 billion meticais. This amount missing in the company's accounts derives from the lack of payments from some clients, among which Electricidade de Moçambique (EDM) with a debt of 16 billion meticais...
Tag: Hydroelectric of Cahora Bassa (HCB)
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HCB may exceed annual production target by more than 6%
The Hydroelectric of Cahora Bassa (HCB), announced today, the achievement of the goal set for this year, by reaching on Tuesday, the annual goal of producing hydro-energy set at 14,125.53 GWh. The reservoir stored about 97% of water in its useful capacity, which translated into a sufficient quantity of water for energy production...