Skip to main content

Ncondezi Energy issues project update

Published by
World Coal,


Ncondezi Energy Limited has provided a general update on its process to conclude a binding joint development agreement (JDA) for the company’s integrated 300 MW power and coal mine project in Tete, Mozambique.

Following the announcement on 26 November 2018, the company has continued to engage with the Liaison Committee, set up and chaired by the Mozambican Ministry of Mineral Resources and Energy (MIREME), to agree the updated Project work programme and timetable. This process is expected to be finalised in January 2019. The company’s targets to conclude the JDA and binding engineering, procurement and construction and operations and maintenance contracts during 1Q19 remain on track.

Further updates will be provided to investors at the appropriate time.

Read the article online at: https://www.worldcoal.com/coal/02012019/ncondezi-energy-issues-project-update/

You might also like

 

World Coal Spotlight with Matec

In this World Coal Spotlight, Senior Editor Callum O’Reilly sits down the the CEO of Matec, Matteo Goich, to discuss the company’s role in the mining industry and some of its latest product developments.

 
 

Embed article link: (copy the HTML code below):