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Edenville Energy begins negotiations on Rukwa power plant

Mon, 08th Feb 2016 09:44

(ShareCast News) - Edenville Energy revealed how close it was to construction of its Rukwa Coal-to-Power project in south west Tanzania on Monday, having started discussions with local grid officials about the scope of the project and its generation.The AIM-traded company's representatives met with the Tanzania Electric Supply Company (Tanesco) during January, where Tanesco presented a draft formal framework agreement for the Rukwa Coal Power Project, by setting out milestones for a Power Purchase Agreement.Edenville Energy said the process for securing a Power Purchase Agreement was outlined by Tanesco in the framework, which is standard for all companies developing power projects in Tanzania.A completed framework would provide Tanesco's formal support for Edenville's planned 300MW clean coal power plant at its Rukwa Coal Project, in the Sumbawanga District of South West Tanzania."Edenville is confident that submission of its existing Power Plant Feasibility Study, Measured and Indicated Resource Report and Environmental Impace Assessment for the mining operations will achieve many of the milestones outlines in the framework agreement", the company's board said in a statement.The company had already gone through the first milestone defined in the framework, it said, having submitted its Project Concept Note. It was continuing to work with its advisors to collate additional project data and financial information to enable Edenville to commence formal Power Purchase Agreement and Transmission Line Agreement negotiations.If agreed as expected, those agreements would bring the project to the point of financial closure and construction."In anticipation of the significant progress expected to be made over the coming months, Edenville is pleased to announce that it has appointed George Rogers of Rockface Capital as a specialist consultant", the board confirmed."George brings 27 years experience as a resource project financier and led the resources teams at Morgan Grenfell, Deutsche Bank and Investec", it continued.
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20 Dec 2018 11:25

Edenville Energy installs water purifier at Rukwa

(Sharecast News) - Tanzania coal project developer Edenville Energy said on Thursday that, further to the announcement it made on 17 December, the Lamella clarifier water treatment plant that had been installed at its Rukwa Coal Project was now fully operational.

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7 Dec 2018 14:37

Edenville Energy Re-Submits Tender For Coal Power Projects In Tanzania

LONDON (Alliance News) - Edenville Energy PLC on Friday said it resubmitted the documentation for the request for qualification for coal fired power generation projects in Tanzania.The Co,

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6 Nov 2018 12:49

Edenville Energy Secures USD3 Million Loan To Develop Coal Project

LONDON (Alliance News) - Edenville Energy PLC on Tuesday said it entered into a conditional convertible funding agreement with an entity managed by the Lind Partners LLC to make up to USD2.8 for a

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2 Nov 2018 16:18

Edenville Energy Notes Tanesco Cancelling Power Supply Tenders

LONDON (Alliance News) - Edenville Energy PLC on Friday noted Tanesco's decision to cancel specific tenders in relation to power supply project.Tanesco is Tanzania's state-owned and

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22 Oct 2018 14:41

Edenville Energy submits documents to supply power to Tanzanian grid

(Sharecast News) - Tanzania coal project developer Edenville Energy said on Monday that, on 19 October, the documentation for the request for qualification (RFQ) for coal-fired power generation projects was submitted to Tanzania Electricity Supply Company (Tanesco) at their Dar es Salaam headquarters.

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22 Oct 2018 11:21

Edenville Energy Submits Request For Qualification To Tanesco

LONDON (Alliance News) - Edenville Energy PLC said Monday it submitted a request for qualification to Tanzania Electricity Supply Co, known as Tanesco, for coal-fired power generation projects in

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9 Oct 2018 13:45

Edenville inks largest single coal contract to date

(Sharecast News) - Edenville Energy has inked a "significant contract" for the supply of a specialised coal product with an unnamed East African industrial outfit.

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24 Sep 2018 10:56

Edenville Energy Shares Surge As Reports Maiden Revenue In First Half

LONDON (Alliance News) - Edenville Energy PLC on Monday said its loss narrowed in the first half of 2018 as it delivered revenue for the first time.The stock was trading 14% higher on at is

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22 Aug 2018 09:03

Edenville Energy scores East African supply conract

(Sharecast News) - AIM-listed firm Edenville Energy has inked a two-year coal supply contract with an East African industrial group.

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14 Aug 2018 13:10

Edenville Energy At Advance Stage Of Negotiating Coal Supply Contracts

LONDON (Alliance News) - Edenville Energy PLC said Tuesday it is in "advanced stage" of negotiations for several long-term contracts for coal supply.Shares were trading 5.3% the

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27 Apr 2018 15:45

Edenville Energy Looks To Up Production As It Raises GBP740,000 (ALLISS)

LONDON (Alliance News) - Edenville Energy PLC on Friday said it plans to raise GBP740,000 through a discounted share placing to fund its mining activity in Tanzania.Coal miner Edenville is

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23 Jan 2017 10:41

WINNERS & LOSERS SUMMARY: Paradise For Eden Research, Edenville Energy

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18 Jan 2017 16:41

Edenville makes good reguatory progress in Tanzania

(ShareCast News) - Edenville Energy announced on Wednesday that the second stage of the Environmental and Social Impact Assessment for its integrated coal-to-power project in western Tanzania - the Scoping Study - had now been completed with the relevant documents being approved by the Tanzanian Nat

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12 Jan 2017 14:23

Edenville Energy begins trial mining at Rukwa Project

(ShareCast News) - Tanzania integrated coal to power project developer Edenville Energy announced on Thursday that it has started trial mining at the Rukwa Coal Project near Sumbawanga in the west of the country. The AIM-traded firm said that over the past several months, it has received significant

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5 Dec 2016 10:13

Edenville Upbeat On Mkomolo And Namwele Following Sampling Results

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