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Mozambique/Malawi: World Bank approves interconnection financing
The World Bank Group (WBG) board on 17 September approved a $57m financing package for the Mozambique-Malawi Regional Interconnector Project, comprising a $42m grant for Mozambique and a $15m loan for Malawi from the International Development Association. The project involves construction of a 218km, 400kV double-circuit transmission line from Matambo substation in Tete Province, Mozambique, to Phombeya substation in Balaka District, Malawi. It will be Malawi’s first significant transmission interconnection and will allow it to trade on the Southern African Power Pool (SAPP).
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