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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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