Botala Energy plans solar manufacturing
Tuesday, March 19, 2024 | 2030 Views |
Coming up: An artist's impression of the solar manufacturing plant Botala plans to set up PIC: BOTALAENERGY.COM
In a commentary accompanying recent interim results, Botala directors said the firm had secured a Special Economic Zone (SEZ) licence for the plant on its existing Leupane Energy Hub and Industrial Park being developed in Serowe.
They said the SEZ licensing gives the planned manufacturing plant “significant taxation and tariff benefits”. Directors added the two companies are focussed on identifying potential partners and customers to rapidly grow the solar and energy business. Botala expects feedback soon on its application for an Environmental Impact Assessment for the Leupane Energy Hub and Industrial Park.
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