Advertisement

Banks to drive P1.4 bn Morupule expansion

No Image

Six local and South African banks have teamed up to provide the P1.4 billion required for the expansion of Morupule Colliery.

This comes amid reports that construction at the adjacent power station is moving ahead of schedule.

Morupule Colliery is expanding from one to three million tonnes of coal per year in order to meet increased demand from the Botswana Power Corporation (BPC)'s Morupule A and Morupule B power stations, which are presently under construction. When completed, Morupule A and B will pump out 820 megawatts, consuming 2.8 million tonnes of coal per annum. With development ongoing at the P11 billion Morupule B project, the commencement of the colliery's expansion has come under pressure.

Advertisement
Editor's Comment
As A3 opens, responsibility rests with driver

For decades, the Francistown-Nata road has witnessed countless accidents, many of them fatal. Families have lost loved ones. Businesses have suffered delays while motorists have repeatedly complained about the poor condition of the road.The opening of the new section is therefore welcome news and a reminder that investing in quality infrastructure can save lives.However, while the smooth new surface brings relief, it also comes with greater...

Have a Story? Send Us a tip
arrow up