Chinese firm tables offer for Morupule B

Friday, November 03, 2017

A decision on the Morupule B offer price in expected in the next two weeks

China Machinery Engineering Corporation (CMEC) has submitted an offer to buy the 600MW Morupule B power station from the Botswana Power Corporation (BPC).

BPC chief executive officer (CEO), Dr Stefan Schwarzfischer confirmed to BusinessWeek that they are currently evaluating the offer but declined to indicate how much it was.

“CMEC has submitted an offer which we are currently evaluating, so I assume the evaluation would be finalised within the next 10 days and then Public Procurement and Asset Disposal Board (PPADB), the ministry and BPC would sit together and map a way forward,” he said.

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Chinese firm tables offer for Morupule B

China Machinery Engineering Corporation (CMEC) has submitted an offer to buy the 600MW Morupule B power station from the Botswana Power Corporation (BPC).

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply