HomeEnergy MineralsNcondezi Coal to build power plant in Mozambique

Ncondezi Coal to build power plant in Mozambique

Maputo, Mozambique — 07 February 2013 – Work on the construction of a coal-fired power plant owned by mining company Ncondezi Coal is due to begin in March 2015 in the northern region of the Moatize district, in Mozambique’s Tete province.     

In an interview with daily newspaper Notícias, managing director David Eshmade also said that the power plant would be built near the Ncondezi coal mine, and approximately 95km from the national grid’s power transmission line leading from the Cahora Bassa hydroelectric dam.

Macauhub News Agency reports that the Ncondezi Coal Company owns 100% of the 804L and 805L licences, known as the Ncondezi project, in the Moatize district, and the project has estimated resources of 4.7 billion tonnes of coal.

The mine is located around 25km from the Sena railroad, which ends at the town of Moatize. The two types of thermal coal that will be mined there are considered to be ideal for Asian markets, and are comparable to international benchmark types of coal, such as Newcastle high ash Australian coal and Shanxi blended coal from China.

Eshmade said that the company was considering four routes for exporting its coal production, with a short-term strategy focused on gaining access to the two existing railway corridors to the ports of Beira and Nacala to meet the needs of the first stage of production.

As a long term option, Eshmade suggested the possibility of a new rail and port project, and pointed out that an agreement had already been made with the Rio Tinto group, which was carrying out studies for this project in order to transport the coal mined in Tete province.

Source: Macauhub News Agency. For more information, click here.