RE: Transmission line installation21 Apr 2021 11:20
Nice post Winni. Time is too much of an issue for people who post on here!
Get rich quick merchants who wrongly criticise TLOU so unfairly.
I have never expected this to happen overnight , but I have always been certain that this one is going to reach fruition.
Tlou made a couple of mistakes but forgiveable ones.
1. RFP, with hindsight they could have questioned the requirement that tenderers had to have a history of supplying Botswana with CBM powered electricity. Presumably none of the tenders picked up on this, or more likely, they knew it was impossible and expected the Govt to ignore it?
2. They expected dewatering at Lesedi to be as fast as it was at Selemo. Again with hindsight, could they have continued witt Selemo (and paid the royalties)? But the water was always going to be an unexpected problem one day. So where would we have been now?
There were 4 major delays
1a. Sekaname requested that the tendering deadline be extended, so all (both) tenderers were given extentions to complete or revise their RFP.
1b. Once those revised RFPs were considered, the demands for previous history was realised and the Govt started over again with that redacted and other changes? I dunno!
2a. That was a long delay, remininscent of Sirius , as both companies realised they had to to wear belt and braces next time round. The Govt were not pushing anything through quickly. I imagine both sides queried every ambiguous item to be sure to be sure!
2b. Preferred bidders were eventually announced.
2c. TLOU continued work, in the expectation of being accepted, so it was not a total waste of time. Typical of good management!
3. That pesky dewatering process has dragged on and on. Quick extensions of the wells needed.
4. Covid!
Going forward , tx lines for initial power are coming, and drilling will resume at some point.
The Orapa decisions are coming and solar or CBM can load those tx lines.
From there do we concentrate on a pipeline to Orapa or enhancing power to Serowe or elsewhere?
This is all going to happen imho, but as Winni says, all in good time!