Hydroelectric of Cahora Bassa (HCB), the company that operates the major dam on the Zambezi River in Mozambique, announced on Monday that it has produced 1.39 percent more power in 2018 than planned.
According to HCB’s press release, the production in 2018 was 13,659 gigawatt-hours (gwh). For 2019, the company has set a production target of 14,809 gwh.
“The improvement of performance and the increase of energy production, results from the plan to modernize the infrastructures in the production chain, which the Cahora Bassa Hydroelectric Plant is implementing,” said the statement.
As the largest hydroelectric power plant in southern Africa, the company’s 2018-2022 strategic plan foresees the expansion of productive capacity, diversification of businesses and the exploration of new investment opportunities in the energy sector.
HCB said that for the stability of the company, the government intends to extend the concession of Cahora Bassa dam development for another 15 years. Enditem