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that available technical and market assumptions for a tariff agreement, which were initially submitted March 31, were out of date.The company said an updated transmission integration study and Mozambican power market outlook study had been commissioned, and were targeted for completion in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

Holder and Dowrich hundreds put Windies on course for series win

first_imgZIMBABWE 1st innings 326West Indies 1st innings(overnight 374 for seven)K Brathwaite c Masakadza b Cremer 32K Powell c Ervine b Mpofu 90D Bishoo c & b Sikandar Raza 23K Hope lbw b Sikandar Raza 1S Hope b Sikandar Raza 40R Chase lbw b Sikandar Raza 32J Blackwood c Cremer b Sikandar Raza 5+S Dowrich lbw b Chisoro 103*J Holder b Chisoro 110K Roach lbw b Chisoro 0S Gabriel not out 5Extras (b3, lb3, nb1) 7TOTAL (all out, 178.2 overs) 448Fall of wickets: 1-76 , 2-131, 3-135, 4-163, 5-219, 6-225, 7-230, 8-442, 9-443, 10-448.Bowling: Mpofu 28-10-55-1, Mire 5-2-5-0, Cremer 52-8-161-1, Raza 48-12-99-5, Chisoro 41.2-9-113-3, Masakadza 4-1-9-0.ZIMBABWE 2nd inningsH Masakadza b Roach 5S Mire lbw b Roach 0C Ervine b Bishoo 22B Taylor lbw Gabriel 10P Moor not out 39S Raza not out 58Extras (b1, lb5) 6TOTAL (4 wkts, 67 overs) 140Fall of wickets: 1-5, 2-8, 3-23, 4-46.Bowling: Gabriel 13-6-16-1, Roach 12-7-14-2, Brathwaite 9-1-19-0, Holder 12-2-29-0, Bishoo 13-3-38-1, Chase 2-0-7-0, Blackwood 6-3-11-0. CENTURIES from Shane Dowrich and Jason Holder put West Indies on course for a series win before Sikandar Raza continued his outstanding Test with an unbeaten half-century to give Zimbabwe slight hope on day four.Wicketkeeper batsman Dowrich (103) scored a maiden Test hundred and captain Holder (110) his second in a stand of 212 for the eighth wicket as the Windies were all out for 448 in reply to 326 in Bulawayo.Not since 1908 had both a number eight and nine scored a century in the longest format before the Barbadian duo reached three figures on Wednesday and Zimbabwe were reduced to 46-4 in their second innings, Kemar Roach taking two early wickets.Raza made 80 in the first innings before claiming a maiden five-wicket Test haul, and the all-rounder was 58 not out at stumps in an unbroken stand of 94 with Peter Moor (39) to hold up the Windies, giving Zimbabwe a slender lead of 18 heading into the final day of the two-match series.Shane DowrichDowrich and Holder got the Windies out of the mire on day three after coming together at 230-7 and wicketkeeper Regis Chakabva spurned an early chance to end a frustrating stand when he put Holder down off Graeme Cremer on 78 early on the penultimate day.The skipper capitalised by ending a two-and-a-half year wait for a Test hundred, raising his bat after driving Tendai Chisoro to the boundary, and Dowrich reached three figures for the first time at Test level in style by dispatching Cremer for six over long-off.Chisoro (3-113) finally got the breakthrough when Dowrich was given out leg before and bowled Holder around his legs before removing Roach to end the innings.Zimbabwe were in deep trouble on 8-2 at lunch after paceman Roach (2-14) struck in his first three overs, bowling Hamilton Masakadza when the first-innings centurion offered no shot to one that darted back in and snaring Solomon Mire leg before without scoring.Shannon Gabriel got in on the act by trapping Brendan Taylor in front and Devendra Bishoo cleaned up Craig Ervine in his first over to leave Zimbabwe four down, but Raza and Moor edged Zimbabwe into a slender lead with a much-needed show of defiance.(Omnisport)last_img read more