Chinese firm tables offer for Morupule B

Friday, November 03, 2017

A decision on the Morupule B offer price in expected in the next two weeks

China Machinery Engineering Corporation (CMEC) has submitted an offer to buy the 600MW Morupule B power station from the Botswana Power Corporation (BPC).

BPC chief executive officer (CEO), Dr Stefan Schwarzfischer confirmed to BusinessWeek that they are currently evaluating the offer but declined to indicate how much it was.

“CMEC has submitted an offer which we are currently evaluating, so I assume the evaluation would be finalised within the next 10 days and then Public Procurement and Asset Disposal Board (PPADB), the ministry and BPC would sit together and map a way forward,” he said.

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Chinese firm tables offer for Morupule B

China Machinery Engineering Corporation (CMEC) has submitted an offer to buy the 600MW Morupule B power station from the Botswana Power Corporation (BPC).

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

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Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!