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Ncondezi Energy submits updated financial model for Mozambique project to partners

Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly speaks to Proactive London's Andrew Scott after announcing they've submitted an updated financial model for a 300MW power station at Tete in Mozambique to its partners for review.

He adds that tariff submission remains on track for this quarter, with final price negotiations pencilled in by the half-year.

Quick facts: Ncondezi Energy Ltd

Price: 3.7 GBX

AIM:NCCL
Market: AIM
Market Cap: £12.94 m
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Ncondezi Energy reveals latest progress on Tete power project in Mozambique

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...

3 weeks, 2 days ago

2 min read