ProMarks, Trafigura sign MoU with Angola govt to develop PPP model for power transmission

Electrical engineering company ProMarks and industrial conglomerate Trafigura have signed a memorandum of understanding (MoU) with the government of Angola to conduct a technical and economic viability study and develop a public-private partnership model for a major regional power transmission and supply project. The proposed project will entail building and operating a 2 000 MW high-voltage electricity interconnector, which is a high-voltage direct current transmission line, to take surplus green electricity produced by hydroelectric dams located in the north of Angola to the Democratic Republic of Congo Copperbelt and Zambia, integrating with the Southern Africa Power Pool.