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Ncondezi Energy's Hanno Pengilly updates on submission of formal power tariff

Ncondezi Energy Ltd's (LON:NCCL) Hanno Pengilly speaks to Proactive after announcing the submission of a tariff proposal to the Mozambican Government and state-owned Electricidade de Moçambique (EDM).

He says the move represents the last milestone to start formal tariff negotiations with EDM, which will be completed in the second quarter.

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Price: 3.9 GBX

AIM:NCCL
Market: AIM
Market Cap: £13.64 m
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Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly speaks to Proactive's Katie Pilbeam after announcing they've signed a shareholder agreement term sheet with China Machinery Engineering Corporation. It'll see CMEC maintain a 40% stake in its 300-megawatt coal-fired power project and coal mine...

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