INTER RAO - Export and Electricidade de Moçambique signed a memorandum of understanding
INTER RAO – Export LLC and Electricidade de Moçambique (EDM E.P.), a Mozambican state-owned company, have signed a Memorandum of Understanding on Cooperation in the field of electric power industry.
The signing ceremony took place in the framework of a visit to the Russian Federation of the President of the Republic of Mozambique Filipe Jacinto Nyusi. The document was signed by Maxim Sergeev, General Director of INTER RAO – Export LLC, and Aly Sicola Morola Impija, Chairman of the Board of Directors of EDM E.P.
In the framework of the Memorandum the companies agreed to carry out the development of perspective projects in the field of construction and modernization of conventional (heat and hydro) and renewable (solar, wind) generation facilities, as well as power grid infrastructure in Mozambique. Also the companies agreed to develop cooperation in the field of cross-border electricity trade projects with neighboring countries of Mozambique.