Ncondezi Energy welcomes completion of due diligence site visit in Mozambique

07:42 21/10/2019
StockMarketWire.com - Ncondezi Energy said a technical due diligence site visit in Mozambique by its strategic partner China Machinery Engineering had been completed.

The visit was part of a process to prepare the engineering, procurement and construction, and operations and maintenance contracts for the integrated Ncondezi 300 megawatt coal-fired power project and coal mine in Tete.

Submission of the contracts was on target for the fourth quarter of 2019, Ncondezi Energy said.



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