https://www.miningweekly.com

Kibo progresses towards mining right for MCPP

6th September 2019

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

JSE- and Aim-listed Kibo Energy on Friday announced that the Tanzanian Ministry of Minerals had accepted the company’s required statutory payments related to seven mining rights for the Mbeya coal-to-power project (MCPP).

Kibo CEO Louis Coetzee said in a statement that the acceptance of the payments, which were made well within the required payment timeframe, provided further confirmation that the MCPP was rapidly gaining momentum.

Earlier this year, Kibo received formal notice from the Tanzania Electric Supply Company to develop the MCPP for the export market, enabling the company to engage with African power pools regarding offtake agreements.

The project had been developed with a potential generating capacity of 1 000 MW in mind, with three market opportunities – utility, export and private offtake.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ZF Aftermarket
ZF Aftermarket

ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.

VISIT SHOWROOM 
Vikela Aluvin (Pty) Ltd
Vikela Aluvin (Pty) Ltd

Complete range of security sealing solutions including security seals bags and labels.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 0.772s - 111pq - 2rq
Subscribe Now