- The Cahora Bassa S.A. Hydroelectric Power Plant (HCB), the largest independent energy producer in the southern region of Africa, recorded hydro-energy production of 6,876.74 GWh in the first half of this year.
- The registered production corresponds to 99.6% of the production planned for the first half of 2021.
This performance is a corollary of the commitment of HCB employees in the planning and execution of activities to strengthen the operation and maintenance of the equipment in the production chain, and in the availability of equipment from its main customers, EDM, Eskom, and ZESA.
With regard to hydrometric levels, at the end of the first semester, the quota of the reservoir was located at 324.36 meters above the average sea level, which corresponds to storage of 91.74%, a comfortable position for the companyโs production plans for the second half.
HCB continues to be a financially stable company, as evidenced by the operational and financial performance indicators, which are within the standards planned for the period.
Related news: If you bough shares in Cahora Bassa Hydro you are smiling ๐
The company is implementing projects to modernise the electricity production system, and has also fulfilled its obligations to its shareholders and suppliers of goods and services. It carries out corporate social responsibility actions and pays taxes and concession fees.
In the subsequent period, the company will continue to strive to achieve the annual production target of 14,125.53 GWh, and to implement, with the utmost rigor, the health protocol aimed at the prevention, mitigation and containment of the COVID-19 pandemic at the level of the Vila do Songo community, while conducting constant and periodic analyses of its [Covid-19โs] impact on the companyโs operational performance.