Boost for Morupule B Power Station

Friday, May 15, 2009

The Morupule B Power Station got a major boost this week with the announcement that Standard Bank and the Industrial and Commercial Bank of China (ICBC) have been mandated as joint lead arrangers to finance the project

The Morupule B Power Station project involves the installation of 4 x 150 megawatt units. Associated projects include water supply works and the construction of transmission lines and substations for the distribution of power to the rest of the BPC grid.

The project also involves expansion of Debswana-owned Morupule Colliery that traditionally produces less than a million tonnes of coal annually.

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