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Ncondezi Energy submits updated financial model for Mozambique project to partners

Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly speaks to Proactive London's Andrew Scott after announcing they've submitted an updated financial model for a 300MW power station at Tete in Mozambique to its partners for review.

He adds that tariff submission remains on track for this quarter, with final price negotiations pencilled in by the half-year.

Quick facts: Ncondezi Energy Ltd

Price: 4.75 GBX

AIM:NCCL
Market: AIM
Market Cap: £15.44 m
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Ncondezi Energy seeing 'building momentum and support' for its flagship...

Ncondezi Energy Ltd's (LON:NCCL) Hanno Pengilly updates Proactive London's Andrew Scott following meetings held with the Inter-Ministerial Committee for China and Mozambique around the development of its 300MW power project. He says several areas have been identified to potentially speed up...

on 20/12/19

2 min read