Mozambique coal plant to be constructed14 September, 2012
Ncondezi Coal has announced that it is seeking a partner to construct a major coal development in Mozambique.
The company is looking to boost both the domestic and regional markets across the African nation and beyond with officials stating that this construction of the coal plant will offer a new outlet for the country, Reuters reports.
Ncondezi said that it plans to have the power plant commissioned by 2017, allowing it to generate 600 megawatts (MW) of power by 2019. The asset will be situated in the Tete province where the company holds a number of licenses within its Zambezi Basin.
Officials also revealed that after 2020 and the construction of a $1.8 billion (£1.1 billion) transmission line it would be able to generate 1,800MW of power.
Nigel Walls, chief executive of Ncondezi, told the news provider in an interview: "In the future, there would be potential to go to 3,600MW and the coal resource would support that, but that would depend on the ability to transmit that power."<br/><br/>© Adfero Ltd