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28 Dec 2018 | 08:56

Ncondezi Energy expects to finalise Mozambique project timetable in January

Ncondezi Energy Limited said it expected the work programme and timetable for its 300MW power and coal mine project in Tete Mozambique to be finalised in January 2019.

Following the announcement on 26 November 2018, the company said it had continued to engage with the liaison committee, setup and chaired by the Mozambican Ministry of Mineral Resources and Energy to agree this.

Further, Ncondezi's target to conclude the Joint Development Agreement and binding engineering, procurement and construction, and operations and maintenance contracts during the first quarter of 2019 was "on track".

At 8:56am: (LON:NCCL) Ncondezi Energy Limited share price was -0.1p at 4.9p

Story provided by StockMarketWire.com
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