Mozambique: Govt to levy 0.5% electricity export tax to fund new connections

WIRE — The decree stipulates that 60% of the funds will be invested in projects outside the national electricity grid, through the Energy Fund (FUNAE), and 40% in projects included in the national grid, under the responsibility of Eletricidade de Mozambique (EDM). The Mozambican government will levy a 0.5% tax on gross revenue from electricity exports to Source

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