Asian JV wins P8.1bn Morupule B expansion tender

Morupule B Power Station project will be solely funded by the developers
Morupule B Power Station project will be solely funded by the developers

SHENZHEN, CHINA: A joint venture between Japan’s Marubeni and South Korean, Posco Energy has been named the preferred bidder to expand the Morupule B Power Station by a further 300MW at a cost of $800 million (P8.1billion).

Construction of what would be Botswana’s maiden project under the Independent Power Producer (IPP) model is expected to start late next year with the first electricity seen kicking into the national grid by May 2020.

In a statement released yesterday, the two firms say they will jointly design, finance and construct two 150MW circulating fluidised bed coal-fired units and then operate and maintain the plant for 30 years.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up