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Don't have an account? Click here to register.Ncondezi Energy says knows no reason for share price move
Fri, 17th Feb 2017 15:07
(ShareCast News) - AIM-listed Ncondezi Energy noted the recent rise in its share price and said it knows no reason for the move."The company can confirm that negotiations to finalise the Joint Development Agreement with Shanghai Electric Power Co continue as announced in the project update on 16 December 2016 and no new material developments have occurred since."Ncondezi said it will make further announcements as and when appropriate.Back in December, the company said good progress continued to be made in the negotiations with Shanghai Electric in relation to its 300MW power plant project near Tete in northern Mozambique.It said at the time: "It is expected that the work streams to agree the transaction documents will be completed in Q1 2017 with SPIC and Chinese government approvals to follow."At 1550 GMT, the shares were up 22% to 9.15p.
More News
9 Sep 2021 13:29
Ncondezi signs EPC contract for coal-fired power plant
(Sharecast News) - Ncondezi Energy announced on Thursday that the engineering, procurement and construction (EPC) power plant contract for the integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique, had been signed with China Machinery Engineering Corporation (CMEC) at a virtual signing ceremony.
Read more26 Aug 2021 17:36
IN BRIEF: Ncondezi Energy raises GBP600,000 from placing
IN BRIEF: Ncondezi Energy raises GBP600,000 from placing
Read more23 Aug 2021 15:38
Ncondezi agrees targets for EPC contract
(Sharecast News) - Ncondezi Energy announced on Monday that a target signature date for the engineering, procurement and construction (EPC) power plant contract for the integrated 300MW coal fired power project and coal mine in Tete, Mozambique has been agreed with China Machinery Engineering Corporation (CMEC), with signature reverted for during the third quarter.
Read more23 Aug 2021 12:35
TRADING UPDATES: Ocean Outdoor's Canary Wharf deal; DX opens new sites
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TRADING UPDATES: Arkle 2020 loss widens; Arc, Safestay delay results
TRADING UPDATES: Arkle 2020 loss widens; Arc, Safestay delay results
Read more14 Jun 2021 15:48
IN BRIEF: Ncondezi inks term sheet to establish African energy JV
IN BRIEF: Ncondezi inks term sheet to establish African energy JV
Read more14 Jun 2021 15:21
Ncondezi signs term sheet to create green power joint venture
(Sharecast News) - Ncondezi Energy announced the signing of a term sheet with binding exclusivity between its wholly-owned renewable energy subsidiary Ncondezi Green Power (NGP), and Nesa Capital and Nesa Engineering, collectively 'Nesa', on Monday.
Read more9 Jun 2021 13:11
Ncondezi Energy signs relationship deal with Captive Power
(Sharecast News) - Ncondezi Energy updated the market on its pipeline of solar and battery storage projects in the commercial and industrial sector on Wednesday, reporting that its wholly-owned renewable energy subsidiary Ncondezi Green Power (NGP) and Captive Power (CPL) have signed a binding relationship agreement.
Read more1 Jun 2021 14:29
IN BRIEF: Ncondezi to finish Mozambique solar storage project in June
IN BRIEF: Ncondezi to finish Mozambique solar storage project in June
Read more19 May 2021 19:33
TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment
TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment
Read more19 May 2021 16:56
Ncondezi still waiting for feedback on Mozambique project
(Sharecast News) - Ncondezi Energy updated the market on the integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Wednesday, reporting that the company and its partners were still waiting formal feedback from Electricidade de Moçambique (EDM) and the country's government, following submission of all agreed studies in December.
Read more4 May 2021 19:13
TRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal
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Read more4 May 2021 16:12
Ncondezi completes bridge loan to fund solar-battery project
(Sharecast News) - Ncondezi Energy announced the completion of the $0.5m bridge loan between its wholly-owned renewables subsidiary Ncondezi Green Power (NGP) and certain company directors on Tuesday, to finance the construction of its commercial and industrial 400kWp solar photovoltaic and 912kWh battery storage project in Mozambique.
Read more8 Apr 2021 20:40
DIRECTOR DEALINGS: Ncondezi's Fletcher buys more, essensys CFO sells
DIRECTOR DEALINGS: Ncondezi's Fletcher buys more, essensys CFO sells
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