Hanno Pengilly Business Development Manager at Ncondezi Energy #NCCL - 040518
Hanno Pengilly Business Development Manager at Ncondezi Energy #NCCL provides an update on the project and explains what the £950,000 they’ve just raised will be used for.
Ncondezi owns 100% of the Ncondezi Project which is strategically located in the power generating hub of the country, the Tete Province in northern Mozambique. The Company is developing an integrated thermal coal mine and power plant in phases of 300MW up to 1,800MW. The first 300MW phase is targeting domestic consumption in Mozambique using reinforced existing transmission capacity to meet current demand.
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