Aim-listed Edenville Energy says it is continuing to work with its strategic partner Infrastructure and Logistics Tanzania regarding the proposed handover of operations at its Rukwa coal project in south-west Tanzania.
The company plans to provide shareholders with a further update as soon as a formal handover date has been agreed.
In the interim period, the company notes that it continues to satisfy existing contracts and is pursuing additional contracts with both existing and potential customers.
Moreover, Edenville has received new East African enquiries regarding power generation capacity and is continuing discussions with the Tanzanian government regarding a future power plant development at Rukwa.