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
Kavango Resources raised $8.4 million through share placements in London and Victoria Falls. The funds will support the Hillside gold project and...
Niger has declined to extend Savannah Energy’s exploration permits in the Agadem basin. The decision concerns four oil blocks covering more than 13,000...
Blencowe Resources confirmed a new graphite deposit at its Orom-Cross Graphite Project, expected to become Uganda’s first graphite mine. The new...
Côte d’Ivoire and Azerbaijan held talks in Abidjan on potential joint projects in oil and gas. Azerbaijan’s state oil company SOCAR recently...
Most Read
01

Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...

As Hormuz and Suez Tensions Escalate, Africa Faces a Potential Energy and Trade Shock
02

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
05

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
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.