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O&M interest in Kibo's Mbeya power plant

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World Coal,

Kibo Energy has received positive feedback from a number of operations and maintenance (O&M) service providers in response to a recent request for expression of interest (REOI) in the O&M agreement for the Mbeya power plant.

The REOI was sent to a number of leading O&M service providers for coal-fired power plants and received positive feedback from 90% of the companies approached, with only one company declining the opportunity on the basis of capacity constraints.

“We are delighted to note that the response to our invitation for expressions of interest from leading O&M providers indicated a strong market interest in the [Mbeya project] but also confirmed the robustness of the project based on the willingness of prospective O&M contractors to commit for the entire life of plant,” said Louis Coetzee, CEO of Kibo Mining.

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