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The OPEC Fund
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Development
  1. Operations
  2. Temane 450 MW Combined Cycle Gas-fired Power Plant

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Temane 450 MW Combined Cycle Gas-fired Power Plant

Mozambique

Borrower Central Termica de Temane S.A.
Financing Type Private Sector & Trade Finance
Instrument Private Sector Debt
Focus Area Energy
Approved 23.10.2020
Signed 21.10.2021
Status Ongoing
Loan Administrator OPEC Fund
Co-financiers IFC, OPIC, CTT
OPEC Fund Contribution (US$m) 50.00

The OPEC Fund joined a consortium of international lenders including the IFC and the US International Development Finance Corp. to support the 450 MW combined cycle gas-fired thermal plant in Temane in Inhambane Province. The new facility with the capacity to meet the electricity demand of up to 1.5 million households is expected to start generating power in 2024. 

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