http://www.proactiveinvestors.com/companies/news/49681/ncondezi-energy-draws-up-short-list-of-contractors-to-build-mozambique-power-plant-49681.html
Ncondezi Energy (LON:NCCL) has drawn up a short list of seven contractors to build the initial phase of its power project in Mozambique’s Tete region.
It has whittled the list down from 16 and the remaining firms are bidding for a fixed-price turnkey contract to construct two 150 mega-watt (MW) power plant boiler units. The successful firm will be selected in the first quarter of next year.
The plant will use coal from the nearby Ncondezi mine, which is being developed in tandem with the power station.
Thursday’s news is the latest in a series of significant milestones for the business, which earlier this week said it had begun the process of applying for an environmental permit for the project.
In October it agreed a 25-year off-take deal with the state-owned electricity supplier.
The Ncondezi integrated thermal coal mine and power plant is a staged development, in 300MW phases, which is planned to produce up to 1,800MW. Commissioning is planned for 2017, followed by commercial operations in the first half of 2018.
Ncondezi Energy (LON:NCCL) has drawn up a short list of seven contractors to build the initial phase of its power project in Mozambique’s Tete region.
It has whittled the list down from 16 and the remaining firms are bidding for a fixed-price turnkey contract to construct two 150 mega-watt (MW) power plant boiler units. The successful firm will be selected in the first quarter of next year.
The plant will use coal from the nearby Ncondezi mine, which is being developed in tandem with the power station.
Thursday’s news is the latest in a series of significant milestones for the business, which earlier this week said it had begun the process of applying for an environmental permit for the project.
In October it agreed a 25-year off-take deal with the state-owned electricity supplier.
The Ncondezi integrated thermal coal mine and power plant is a staged development, in 300MW phases, which is planned to produce up to 1,800MW. Commissioning is planned for 2017, followed by commercial operations in the first half of 2018.
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