JOHANNESBURG (miningweekly.com) – The Tanzania Electric Supply Company (Tanesco) will convene a work session for the power purchase agreement (PPA) task team for Kibo Mining’s Mbeya coal-to-power project (MCPP) on April 10.
Representatives from Kibo and Tanesco will attend the session, which is aimed at finalising work on the various key deliverables stipulated under the MCPP memorandum of understanding (MoU).
The meeting will also be used to review the overall progress and remaining deliverables and milestones stipulated in the MCPP MoU and discuss and agree steps and measures, where necessary, to ensure that the MoU timeline and action plan are executed in accordance with what has been agreed.
“We are very pleased with the cooperation and commitment from Tanesco in advancing the PPA process since signing the MoU, despite extraordinary challenges experienced by Tanesco over the past three months, in particular,” Kibo CEO Louis Coetzee commented on Thursday.