Kibo, GE sign collaboration agreement

21st November 2016

By: Anine Kilian

Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – Tanzania-focused mineral exploration and development company Kibo Mining has signed a collaboration agreement with General Electric International (GE), which will supply equipment, technology and services to the Mbeya coal-to-power project (MCPP) power plant.

GE will also assist Kibo in implementing the power plant project.

The agreement follows the signing, in September, of a memorandum of understanding.

“By working closely with GE, we will benefit from their experience and reputation and this will expedite the remaining work required to reach successful financial close on the MCPP,” Kibo CEO Louis Coetzee commented on Monday.

GE steam power systems sales executive for Africa George Njenga added that the company was delighted to partner with Kibo on the MCPP.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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