Mozambique: World Bank approves $131 million for electricity projects
Ncondezi Energy on cusp of closing US$1 billion deal for Mozambique power project
2:28 CAT | 01 Apr 2019
Hanno Pengilly, chief development officer for Ncondezi Energy Limited (LON:NCCL), updates Proactive London’s Andrew Scott on progress towards securing a Joint Development Agreement for its 300MW power and coal mine project in Tete Mozambique.
Pengilly says once finalised the project development program will focus on delivering the key milestones to achieve first power on the grid in 2023.
Source: Proactive Investors
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