The government of Mozambique has signed a memorandum of understanding (MoU) with Great Lakes Africa Energy (GLAE) for constructing a 250 MW gas-fired electricity generating power plant worth USD 400 million.
The agreement follows Rovuma Basin domestic gas tender whose results were announced in January 2017 with the firm clinching a USD 372 million contract.
GLAE’s scope of work involves to develop, finance, build, own and operate a 250 MW gas-fired electric generating power plant, planned in northern Mozambique.
The firm is in the process of securing additional power purchase agreements (PPAs) in Africa and beyond and is currently exploring opportunities in Kenya, Uganda, Malawi, Zimbabwe and Democratic Republic of Congo.