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Tlou Energy upbeat

patriot by patriot
February 8, 2021
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Tlou Energy upbeat
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The Botswana Stock Exchange (BSE) listed gas- to- power corporation, Tlou Energy Botswana is confident of producing electricity within set schedule.

Tlou Energy has been contracted by the government of Botswana through Ministry of Mineral Resources, Green Technology and Energy Security to deliver Lesedi Coal Bed Methane (CBM).

Gabaake Gabaake, the company’s Executive Director, shared this week during the stakeholder presentation that the big P500 million Lesedi CBM project is on the right track to be delivered.

He said the CBM project is progressing in earnest despite some of the challenges that are encountered, maintaining that Tlou Energy is keen to assist country to monetise its coal natural reserve.

“Botswana has 200 billion tonnes of coal that could be used to produce sufficient electricity to be distributed in Botswana and even to be exported. Lesedi CBM without doubt has proved to be commercially viable hence suitable to address high power outages in Botswana,” he said.

Oozing with confidence the former Permanent Secretary at Ministry of Minerals said the half a billion Pula invested by Tlou in the project shows how worthwhile the Lesedi CBM project is.

Tlou Energy was granted a mining licence for its Lesedi CBM project in August 2017, paving the way for setting up of the first Southern African’s gas-to-power plant.

With its Lesedi CBM project, the company is expected to produce up to 100 megawatts (MW) of CBM to alleviate power shortage in Botswana and the Southern region to a larger extent.

Tlou Energy Managing Director, Tony Gilby, said the rich CBM reserves place Botswana as the best potential exporter of power across the region.

He said CBM reserves are initially clean in nature, emphasizing that everything is under control as Department of Environmental Affairs has also approved Environmental Impact Statement (EIS). The EIS has been approved for up to 20MW Coal Bed Methane power generation for an initial plan starting with small pilot project delivering 50 or 100 MW of power to Serowe.

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  • Khamas form People’s Patriotic PartyJune 1, 2023
    BAKANG TIRO editors@thepatriot.co.bw A faction within Botswana Patriotic Front (BPF) aligned to the Khama family is hitting the ground running finalizing formation of a splinter party likely to be led by former MP for Palapye Moiseraele Goya. The Patriot […]
  • Battle for Mhlauli’s multi-millionsJune 1, 2023
    STAFF WRITERS editors@thepatriot.co.bw Three years after the passing of former permanent secretary in the ministry of local government, lands and housing  Elvidge Gaedupe Makhunga Mhlauli, his estate remains unsettled due to dispute between  creditors, beneficiaries and lawyers appointed for […]
  • ‘Women poised to dominate mining in future’- Experts June 1, 2023
    ‘Companies ought to break the barriers for women for them to rise to the top in the sector. Companies need objective quotas in place to give them power. They are the future of mining’- Dr Somolekae BAKANG TIRO editors@thepatriot.co.bw […]
  • PUBLIC TENDER NOTICE: Botswana Unified Revenue Service (BURS)May 31, 2023
    1. THE PROVISION OF BIG DATA IMPLEMENTATION AND DATA ANALYTICS FOR 18 MONTHSTender Closing: 16th June 2023 2. SUPPLIES PROCUREMENT OF CISCO COMMUNICATION AND COLLABORATION EQUIPMENTTender Closing: 16th June 2023 3. PHYSICAL BURS ASSET VERIFICATION, TAGGING AND RECONCILIATION OF […]
  • Vacancy: Choppies Distribution Centre.Pty.LtdMay 31, 2023
    FINANCIAL SERVICES­ – OPERATIONS MANAGER Closing Date: 15th June 2023
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