Tlou hunts for P110m

Managing director, Tony Gilby told investors last week that the funding was required for Phase 1 of the project which would include transmission line construction, transformers, grid connection, electricity generators and potentially the drilling of additional gas wells.

The transmission line, which will measure approximately 100 kilometres, will run from the Lesedi project to Serowe where it will connect to the existing power grid. Initial generation is proposed to be up to 2MW of electricity.