LONDON (Alliance News) - Edenville Energy PLC on Tuesday said it has signed an agreement with Runh Power Corp Ltd to work on the Rukwa Coal to Power Project in Tanzania.
The collaboration agreement between the two is the first step towards a full engineering, procurement and construction contract being awarded.
"Our selection of Runh allows the project to source the most appropriate and cost effective plant whilst retaining the services of an EPC contractor with current and ongoing experience in East Africa," said Edenville Chief Executive Rufus Short.
Shares in Edenville were flat at 0.055 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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