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Mozambique: World Bank funding for transmission line
The World Bank Group board of directors on 20 June approved $300m in grants and $120m in guarantees for the Temane Regional Electricity Project (TREP). The project involves the construction of a 563km high-voltage transmission line between Maputo and Vilanculos/Temane and private sector financing of a 400MW combined cycle gas-to-power generation plant at Temane. The project will also receive co-financing in the form of a $24m grant from a Norwegian Trust Fund.
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