Tlou Energy has agreed an interim 2 MegaWatts (MW) Coalbed Methane (CMB) pilot Power Purchase Agreement (PPA) with Botswana Power Corporation (BPC).
In a statement to the shareholders, the company, which is looking to become the first to produce power through CMB in Botswana, explained the agreement is undergoing final regulatory formalities.
Although the terms of the agreement remain confidential at the request of BPC, Tlou view the development as a major step towards becoming a power producer.
Tlou, which describes itself as Southern Africa’s most advanced CBM natural gas company, ...
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