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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

Have a Story? Send Us a tip
arrow up