What's the panic2 Nov 2018 11:41
A complete over reaction again " is definitely still going ahead and not affected by today's TANESCO announcement".
It is the Company's understanding upon further enquiry that the tender, asking for an undertaking to do a feasibility study, finance, build, own, operate and transfer coal power projects of a capacity not less than 150MW and not more than 300 MW in one location (See RNS' referenced above), is definitely still going ahead and not affected by today's TANESCO announcement. There are however certain procedural amendments required to the process before the tender can proceed. It is expected that these procedural amendments will be announced shortly and without any effect on the expected timeline for completion of the tender process.