JOHANNESBURG (miningweekly.com) – Aim-listed Ncondezi Coal on Monday said that a definitive feasibility study (DFS) on the power aspects of the project has established the economic and technical viability of its proposed 1 800 MW mine-mouth coal-fired power plant at the company’s namesake project, in the Tete province, in Mozambique.
Ncondezi is currently reviewing the power DFS, which engineering and project management services group Parsons Brinckerhoff completed. The results of the study would be published by September.
Germany-based electricity producer Steag was appointed to review the power DFS from an operator’s perspective, Ncondezi said in a statement.
Further, the mining junior, which aimed to develop the coal-fired plant in phases of 300 MW each, said it would incorporate the electricity element of its Ncondezi thermal coal project in its search for a strategic partner. The company sought a power developer able to build and operate the plant as a potential partner.
Parsons Brinckerhoff has also completed outlining the minimum functional specifications for the power plant, the results of which were expected to be distributed to selected engineering procurement construction firms for a more accurate capital expenditure projection.