Sese power plant to cost P15bn

Artistic impression of Sese Power Plant
Artistic impression of Sese Power Plant

Australian junior miner, African Energy in partnership with Canadian major, First Quantum Minerals (FQM) will invest as much as $1.5 billion (P15 billion) to develop an integrated project in the eastern district of Botswana.

The project comprises 600MW power station and a 2.5 million tonnes per annum coal mine.

Speaking at the 13th Resource Sector conference on Wednesday, African Energy managing director Fraser Tabeart said First Quantum is increasing its stake in the Sese Integrated Energy Project from 51 percent to 75 percent for a further $12 million investment.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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