https://www.engineeringnews.co.za

Tlou secures mining licence for Lesedi CBM project

21st August 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Aim- and ASX-listed Tlou Energy has been granted a mining licence for its Lesedi coalbed methane (CBM) gas project, in Botswana.

“The mining licence for the Lesedi CBM project was the first application of its kind to be lodged in Botswana. The awarding of the licence by the Ministry [of Mineral Resources, Green Technology and Energy Security] is a major milestone for the company, further de-risks the project and is an important prerequisite to developing the first commercial gas-to-power project in the country,” MD Tony Gilby said in a statement on Monday.

Earlier this year, the company received a detailed request for proposal from the Ministry for the development of up to 100 MW of CBM-fuelled pilot power plants in the country.   

The company is planning to lodge its proposal to the Ministry this week prior to the August 23 closing date.

The planned submission outlines a scalable CBM gas-to-power project. 

A scalable approach, with power connected to the grid in phases, will enable Tlou to sell power into the grid sooner, thereby generating earlier revenue for the company and allowing for the staging of capital expenditure.

The Ministry, meanwhile, has also extended licences for the company’s Mamba project, which comprises five CBM prospecting licences in Botswana covering an area of approximately 4 500 km2.   

The licences have been extended for three months while the Ministry completes its review of Tlou's licence renewal application.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

An image of Maltento CEO Dean Smorenburg, Cape Town mayor Geordin Hill-Lewis and Cape Town premier Alan Winde
Maltento aiming to bolster sustainability efforts
18th March 2024 By: Tasneem Bulbulia

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/03/2024)
15th March 2024 By: Martin Creamer
Magazine round up | 15 March 2024
Magazine round up | 15 March 2024
15th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.097 0.15s - 158pq - 2rq
Subscribe Now