Name and Location
Underground-coal-gasification- (UCG-) to-power project, Tanzania.

Client
The National Development Corporation (NDC) of Tanzania and Olympic Exploration.

Project Description
The proposed project involves the development of a 400 MW UCG-to-power operation, in Tanzania.

Value
Not stated.

Duration
Not stated.

Latest Developments
Linc Energy has entered into a memorandum of understanding (MoU) with the NDC and Olympic Exploration for the development of a UCG-to-power operation in Tanzania.

The MoU specifies a programme of coal exploration and power plant development, which, subject to project permitting and commercial term development, will result in the commercialisation of a 400 MW power plant in late 2017.

Under the MoU, the NDC has agreed to work with Linc Energy and Olympic Exploration to obtain all the necessary permits and approvals for the project, while also assisting with the securing of land access, utilities and the development of a long-term power purchase agreement.

Olympic Exploration has access to vast coal resources in Tanzania and will be working with Linc Energy on all of the necessary exploration, feasibility studies, finance raising, project engineering, delivery and operation on behalf of a future joint venture between the parties.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
National Development Corporation, tel +255 22 2112893 or fax +255 22 2113618.
Linc Energy, tel +61 7 3229 0800, fax +61 7 3229 6800 or email linc@lincenergy.com.