Ncondezi Energy Limited (LON:NCCL) CEO Hanno Pengilly tells Proactive about the latest progress of its coal-fired power project and coal mine in Tete, Mozambique.
Pengilly says the AIM-listed firm has agreed on additional work requirements and updated its development program which has been submitted for approval to the state-owned Electricidade de Moçambique (EDM), and has commissioned studies on both updated transmission integration and the Mozambican power market outlook, which are targeted for completion in the third quarter of 2020.