Name and Location
Rukwa coal-to-power project, Tanzania.

Client
Edenville Energy.

Project Description
A scoping study completed on the Rukwa coal project has indicated an economically sound project with a relatively low capital expenditure (capex) cost and a 50-year life-of-mine. A small-scale mine and power plant (coal-to-power) scenario to provide electricity for local markets has been identified as having the best balance for shareholder return, deliverability and achievable capital requirements.

The Rukwa coal-to-power project hosts 171-million tons of measured and indicated coal, sufficient to support a 120 MW power station over the life of the project.

Net Present Value/Internal Rate of Return
Not stated.

Value
The capex to deliver a combined mine and power plant is estimated at between $35-million and $50-million.

Duration
Not stated.

Latest Developments
Edenville has agreed on a work programme with engineering, procurement, and construction (EPC) company Runh Power to advance its Rukwa coal-to-power project during the first quarter of this year.

The work programme aims to expand on Edenville’s Lahmeyer Rukwa power plant feasibility study from last year, aimed at generating a definitive technical study and financial model underpinning power purchase agreement negotiations with the Tanzanian government and advancing financing options with suitable institutions.

Meanwhile, the company has reported that the mining licence application process is ongoing and has been placed on the Ministry of Energy and Minerals’ (MEM’s) cadastre system, with the status of "application recommended". It is awaiting the input of senior MEM officials to complete the process.

Key Contracts and Suppliers
Runh Power Corporation (EPC).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Edenville Energy, tel +44 20 7653 9850 or email info@edenville-energy.com.
Runh Power Corporation, tel +82 531 835 30876 or email info@runh.com.