Australia and China to Develop 270MW Ngaka Coal Power Station
Australian mining company Intra
Energy Corporation (ASX:IEC) and Chinese hydropower company Sinohydro
Corporation will jointly develop the 270MW Ngaka coal power station in
south-western Tanzania.
This was indicated in a recently signed
Memorandum of Understanding (MoU) between the two companies.
According to the MoU, Sinohydro will
be the majority shareholder and will be responsible for the engineering,
construction, operations, and financing.
Tancoal Energy, a subsidiary of IEC, will be
responsible for the development, mining and supply of coal to the 270MW Ngaka
coal-fired power station.
IEC Chairman Graeme Robertson said: “The MOU
represents the next stage in entering into a formal relationship to bring the
project to fruition.
” The Ngaka power station is
expected to consume up to 1.2m t of coal per year from Tancoal, which has a coal
resource of 423m t. Upon completion, the power station will provide more than
15% of Tanzania’s current electricity generation needs through a 220kV
transmission system. Tanzania currently generates less than 1% of its total
installed capacity of 1,358MW from coal-fired power plants that are fully
supplied by imported coal according to the African Development Bank (AfDB). The
Ngaka power station is part of the Ngaka Coal Project, which is operated by
Tancoal since 2011.
The Ngaka basin comprises the Mbalawala
sub-basin in the south and the Mbuyura-Mkapa sub-basin to the north. Tancoal
indicates that the Ngaka basin has the potential to host up to 1b t of high
quality thermal coal.
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