Mining

Botswana: Morupule B coal-fired plant to be sold as technical problems persist

Monday, 07 November 2016 17:19

The Botswana Power Corporation (BPC) announced it will sell the Morupule B coal-fired 600 MW power station. The infrastructure which was built by the China National Electric Equipment Corporation at a cost of $970 million has been experiencing persistent technical problems since it was commissioned in 2012.

“Morupule B has proven to be costly to maintain and operate due to construction defects rendering the plant unreliable,” Botswana Power Corporation Chief Stefan Schwarzfischer said in a notice reported by Reuters. The sale should take between 6 and 12 months according to him.
Let’s recall that in March 2016, a joint venture between Japanese firm Marubeni Corp and South Korean Posco Energy won an $800 million tender to increase the plant’s capacity by 300 MW.

Gwladys Johnson

On the same topic
Orom-Cross plans to produce 20,000 tons of graphite annually in Phase 1, with $40 million in startup capital. Blencowe Resources signed a new...
AJN Resources moves deeper into African gold with deal for 55% of DRC’s Giro project Acquisition adds Kebigada and Douze Match deposits as gold...
Galp and TotalEnergies strike asset-swap deal giving TotalEnergies control of Namibia’s Mopane find Galp gains stakes in Venus and PEL 91 as firms...
Aterian signs a binding agreement with France’s Lithosquare to deploy AI-driven exploration in Morocco and Botswana under a €1.4 million...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

BCEAO keeps key lending rate at 3.25% and marginal rate at 5.25%. UEMOA growth reaches 6.6%...

WAEMU Bloc Holds Rates Steady as Growth Hits 6.6%
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.