28th Sep 2020 18:16
Ncondezi Energy Ltd - African power development company - Following discussions with GE Steam Power, which is part of General Electric Co and China Machinery Engineering Corp, can confirm there is no notice of change to joint venture for 300 megawatts power plant project. CMEC has contingency plan in place and has made a list of partners that are familiar with project. Such process would take one month to complete if needed.
In September, Ncondezi confirmed it had not received any formal notification from General Electric regarding its future role in the 300 megawatt coal-fired power project being developed in Mozambique, after noting GE intention to exit the new build coal power market.
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By Dayo Laniyan; [email protected]
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