18 May 2009 – The Mpanda Nkuwa Hydro-electric dam, located in the northern Tete Province in Mozambique, is set to commence construction in 2010.
The project, valued at $2bn, is expected to produce 1350 MW.
Part of the electricity generated would be used to power Mozambique, while the surplus will be exported to other countries of the Southern African Development Community. The Export-Import Bank of China is financing the construction of the dam.
The total $2.3bn loan package also includes funding for a transmission line from the dam site to the capital of Maputo.
The Mpanda Nkuwa dam will be built 60 kilometres downstream from the major Cahora Bassa Dam, and proponents hope the new dam will help attract energy-intensive industries to Mozambique.