Project overview
About this development
Angola announced an $18 billion plan to overhaul its dams and power grids and end all power cuts by 2016. A soon-to-be established oil fund will be used to finance the country's biggest investment in the power sector since the end of a civil war in 2002. With numerous powerful rivers crossing the country, Angola has tremendous potential for generating electricity but it only produces an estimated 790 megawatts compared to a potential capacity of 18,000 megawatts, according to the Energy Ministry. The new dams will help Angola produce over 4,000 megawatts of electricity by 2016.
Project at a glance
Hydro-Electric Projects in Angola is located in Angola. The project is classified in the Public sector. Its current recorded stage is Cancelled. The recorded project value is R 200 Million+.