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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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