Tlou Energy Renews Botswana Gas, Power Pact with GE, IK Holdings
August 23 2016 - 3:25AM
Dow Jones News
By Alex MacDonald
LONDON--Coal bed methane producer Tlou Energy Ltd. (TLOU.LN)
said Tuesday it has renewed a co-operation agreement with General
Electric Co. (GE) and IK Holdings Pty Ltd. to provide technical
support and share infrastructure associated with gas-fired
power-generation projects in Botswana.
The agreement is set to expire on Nov. 30 and provides a
co-operation framework so that each company can finalize the tender
processes and approvals for each of their projects.
Tlou is constructing a 50 megawatt gas-fired power plant in
Botswana while IK Holdings and General Electric are developing a
300MW gas-fired power plant in the country.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
August 23, 2016 03:10 ET (07:10 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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