February 28, 2018 / 5:36 AM / 3 months ago

BRIEF-Kibo Mining Says Remains In Advanced Discussions With Tanesco, Ministry Of Energy On Power Purchase Deal

Feb 28 (Reuters) - Kibo Mining Plc:

* NOT YET SIGNED A PPA WITH TANZANIA ELECTRIC SUPPLY, REMAINS IN ADVANCED DISCUSSIONS WITH TANESCO AND MINISTRY OF ENERGY REGARDING POWER PURCHASE DEAL

* ‍PPA WILL ENABLE KIBO TO MOVE TOWARDS EXECUTION AND CONCLUSION OF FINAL DEVELOPMENT PHASE OF MCPP​

* IN TALKS ‍REGARDING POWER PURCHASE AGREEMENT (PPA) FOR COMPANY’S FLAGSHIP 300MW MBEYA COAL TO POWER PROJECT​ Source text for Eikon: Further company coverage:

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