As part of the preparations for Angola’s entry into the market for electricity supply to the countries of the Southern African Development Community, the Mozambican Electricity Network (EDM) and the Angolan company National Electricity Transport Network (RNT-EP) signed a cooperation agreement on Wednesday in Luanda.
The three-year contract, which has the option of being extended, aims to strengthen current ties and promote experience sharing in the areas of business and integration within SADC as well as interconnection with the Southern African Power Pool, according to the RNT press office.
The protocol, which was signed by Marcelino Gildo Alberto, Chairman of the EDM, and Rui Gourgel, CEO of the National Electricity Transport Network (RNT), covers a variety of topics, including cadre training, prevention and security, planning and project management, design, construction, renewal, and work implementation, as well as exchanges in the areas of electricity markets, exploitation, equipment management, administration, finance, and general services.
Rui Gourgel, CEO of RNT, stated that the agreement aims to gather experiences in the easy preparation of management teams for the region’s countries’ energy supply markets at the time.
Marcelino Gildo Alberto, the chairman of EDM, emphasized how the Mozambican company operates in the regional market through agreements with its counterparts in South Africa, Swaziland, and Zimbabwe as well as by supplying excess energy production in the regional market.
Angola has the potential to enter this regional market, according to the manager of the Mozambican electricity company, which receives 20% of the profits from the sale of electricity to countries in the Southern Africa region. Angola currently has a surplus of about 3.5 gigawatts.