logo-loader

Ncondezi eyes agreement on Tete work programmes

Published: 18:51 28 Dec 2018 AEDT

miners
Work programmes and timelines are due to be set in January

Ncondezi Energy Limited (LON:NCCL) has told investors that it expects to see an agreed work programme and timetable for its Tete coal-to-power project in Mozambique during January.

The junior miner-cum-energy-company, in a statement, said that it has continued to engage with the liaison committee led by the Mozambican Ministry of Mineral Resources and Energy.

It is targeting the conclusion of a joint development agreement and binding agreements for engineering, procurement, and construction.

“Further updates will be provided to investors at the appropriate time,” Ncondezi said in the statement.

Ncondezi updates on Chinese collaboration

After visiting Mozambique Thursday with a delegation from Shanghai Electric Power to speak with government officials, Ncondezi Energy Limited (LON:NCCL) updates Proactive Investors on the Tete Province project. Chief development officer Hanno Pengilly says he looks forward to the growing...

on 9/7/16