Headway in maiden CBM power project :: Mmegi Online

Tlou Energy Limited, an AIM and ASX listed company focused on delivering power in Botswana through the development of Coal Bed Methane (CBM) at its Lesedi project, says it has received a detailed Request for Proposal (RFP) from the government to develop up to 100MW of gas power.

The company has the most advanced CBM project in Botswana with an independently certified contingent resources of 3.3 trillion cubic feet (3C) at Lesedi making it the most likely to develop Botswana’s first CBM power project. In a statement, the company said the RFP indicates the government’s commitment to facilitate the development of a CBM industry in Botswana.

The proposed government power purchase agreement (PPA) will assist in fast tracking the development of the gas industry in the country and create a new market for Tlou’s independently certified gas reserves and significant contingent gas resources.

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