Angola is set to buy 5000MW from neighboring Democratic Republic of Congo’s proposed $14bn Grand Inga hydropower plant project.
Angolan Energy Ministry made announcement and said the country will require electricity generated by the dam from 2025, and will purchase it on condition the fee doesn’t exceed US $30/MWh.
Grand Inga project
Angolan and Congolese officials are already working on plans to export 100MW of power from the existing Inga I and II facilities to Angola’s Cabinda province. The Grand Inga project is estimated to produce 40000MW of power. This is enough to provide power to nearly half of the continent. It has been proposed for over 10 years but lack of political will and possible corruption has prevented the project from reaching its full potential.
Since 1972, only phase one and phase two in 1982, of the project have been in existence and operational. Together they generate almost 1800MW. The grand Inga is suggested to be constructed in six phases. Inga three will be the first phase in the project. An agreement was signed between South Africa, Namibia, Botswana and Angola with DRC, about 10 years ago in order to develop the Inga three project and provide transmission of the power it produces through the Western corridor.
The Grand Inga Dam is the world’s largest suggested hydropower scheme. It is the cornerstone of a grand vision to help a continent-wide power system. It is predicted that about US $80bn could be enough to develop the project. This will include placing of transmission lines across the continent.