The company is focused on delivering power in Botswana and Southern Africa through the development of Coal Bed Methane (CBM) projects.
In a statement released on Tuesday, Tlou acting managing director, Gabaake Gabaake said as the most advanced CBM project in Botswana, Tlou Energy is well placed to become a major supplier of this form of power. “Given government’s proposal, our plan to initially develop a 10MW project is now even more tangible and the potential for being granted not only an offtake for our gas but to generate revenues by supplying much-needed power to the national grid provides even more encouragement that our project will be a success,” he said.
In his address at the recent Botswana Resource Sector Conference in Gaborone, the Minister of Minerals, Energy and Water Resources, Kitso Mokaila said CBM has been included in the country’s plans to reduce power shortages, with the government committing to an initial 100MW of gas power to be brought into the market.
Tlou says it has independently certified contingent gas resources of 3.3 trillion cubic feet (TCF) in place at its Botswana projects.
