Ncondezi Energy delays planned 300MW coal plant in Mozambique

first_imgNcondezi Energy delays planned 300MW coal plant in Mozambique FacebookTwitterLinkedInEmailPrint分享Platts:Progress on the development of Ncondezi Energy’s flagship 300 MW coal-fired power project and coal mine in Tete, Mozambique, has been delayed, the African power developer said.The delay came after discussions with state power company Electricidade de Mocambique (EDM) indicated that available technical and market assumptions for a tariff agreement, which were initially submitted March 31, were out of date.The company said an updated transmission integration study and Mozambican power market outlook study had been commissioned, and were targeted for completion in the third quarter of 2020. Allowing for the completion of those independent studies, Ncondezi said the tariff agreement was now expected to be finalized in the second half of the year.“Based on this, the company has submitted an updated work program to EDM for review and will provide a more detailed timetable update to investors at the appropriate time,” Ncondezi Energy said.“Since the submission of a formal tariff offer earlier this year, the company has worked closely with EDM to discuss and agree the pathway to progress the project,” said CEO Hanno Pengilly. “With EDM’s guidance, the company has agreed to update its transmission integration study as well as conduct an independent market study for energy supply and demand forecasts in Mozambique and potential export markets.”Pengilly said the results of those studies should verify certain technical assumptions, and provide greater certainty around the business case for the project alongside the tariff proposal, facilitating negotiations on the project tariff. The results are also expected to be a key requirement from potential project lenders and investors.[Sarah Matthews]More: Ncondezi Energy delays flagship Mozambique coal power projectlast_img read more

Follow live: Syracuse loses to St. John’s 84-72

first_img Published on December 13, 2015 at 11:59 am Facebook Twitter Google+ Syracuse (7-2) visits Madison Square Garden to face St. John’s (6-3) on Sunday at noon. The Orange is coming off a 78-51 win over Colgate on Tuesday night. When SU and the Red Storm played last season, Syracuse lost 69-57. Follow along here or on Twitter @DOSports for coverage throughout the day. Commentslast_img

Ask the Mayor January 23, 2019 — Iowa legislative preview

first_imgWe review the start of the 2019 session with opening day speeches from House Speaker Linda Upmeyer (R-Clear Lake) & House Democratic Leader Todd Prichard (D-Charles City). We also hear extended comments from Iowa Governor Kim Reynolds about her proposed amendment dealing with felon voting rights.last_img

Roger Stone to be sentenced despite controversy

first_imgJudge Amy Berman Jackson will still give Stone time to make challenges in his case after he is sentenced. That means that even if the judge sentences him to jail this week, he won’t be detained right away. Judge Amy Berman Jackson declared Roger Stone to be sentenced on Thursday as scheduled, after rejecting requests from the defense for a delay over concerns of jury misconduct.Roger Stone, ex-Trump advisor, was convicted last year on 7 charges of obstruction, witness tampering and lying to Congress on charges that stemmed from former Special Counsel Robert Mueller’s investigation.Jackson’s decision comes after Stone’s defense made a second request for a new trial last Friday.Judge Holds Special Hearing in Roger Stone Case Todaylast_img

Authorities respond to shooting in Sebastian, Florida

first_imgAuthorities in Sebastian, Florida are currently responding to a shooting at a restaurant.The incident was reported at Giuseppe’s Pizzeria on 935 Sebastian Blvd.Not much is known about the incident at this time, however, authorities have set up an area to speak with the media.Authorities are also asking people to avoid the area.last_img