HCB is a private and state-owned company that operates the Cahora Bassa hydro scheme. One of the projects identified and included in HCB’s Strategic Plan 2025-2033 is the implementation of the Cahora Bassa North Bank project.
Previous studies have proposed the following characteristics for the North Bank project, using the existing dam: (i) up to three turbine generators with a capacity of about 415 MW each; (ii) three intake gates; (iii) two tailrace tunnels; and, (iv) spillway tunnels to evacuate a capacity of at least 2200 m3/s.
To implement the Cahora Bassa North Bank project, HCB intends to hire a transaction advisor to provide the support needed for project implementation, considering the preliminary stage of this implementation. The advisor will also consult on specific areas of expertise, such as the tender process for the hiring of expert studies and the Owner’s engineer.
The procurement and selection process will be conducted through legislation and procedures applicable to the State’s business sector companies in general, and those in force within HCB in particular.
Interested companies must meet the following eligibility requirements:
- Have a valid license and commercial registration certificate that entitles it to carry out the activity;
- Present the company’s shareholder structure and updated articles of association;
- Provide at least five reference letters confirming proven experience in the development of environmental and social, hydrological, hydraulic and hydroelectric studies associated with hydro generation up to or over 1000 MW, for each project;
- Provide at least three reference letters confirming proven experience in acting as a transaction advisor in hydro projects up to, or more than, 1000 MW, and in the preparation of financial models, for each project;
- Submit the declaration that no bankruptcy and recovery proceedings have been filed against the company and that the company is insolvent (for those who requested the issuing of the document from the authority, but didn’t receive on the submission date, they must present the proof of the request);
- Present the finances and social security certificates of good standing (for those who requested the issuing of the document from the authority, but didn’t receive on the submission date, they must present the proof of the request); and,
- Financial statements for the last three years.
All interested companies that meet the minimum requirements above must express their interest by submitting all documentation and evidence proving their eligibility by email to: concurso-transactionadvisor-cbn@hcb.co.mz 18 October 2024, at 5.00 PM (17.00 hrs).
In the referred Expression of Interest, the following must be entered in the ‘subject’ field of the email: HCB/DPL/ TRANSACTION ADVISORY FOR THE DEVELOPMENT OF THE CAHORA BASSA NORTH BANK POWER STATION PROJECT /049/2024 – Manifestação de interesse.
HCB’s diversification and expansion projects are included in the Government of Mozambique’s strategy for the availability of additional energy generation in the country. It is the Government’s intention for Mozambique to position itself as a clean, reliable and low-cost energy generation hub in the region.
