Edenville Energy, which is developing a coal-to-power project in south western Tanzania, has said it is making good progress towards gaining a mining licence from the Tanzanian authorities.
Since the licence submission in July, the company has received requests for further information from the Governement, largely related to the technical aspects of the calculation of 170 million tonnes of reserves.
Edenville said several meetings have taken place this month with potential EPC partners, including Shandong and other potential partners in China.
Chief executive Rufus Short, said: “I am extremely pleased with the progress that has been made towards the granting of the Mining Licence for our Rukwa Coal Project.
“Having a mining licence in place will significantly enhance our options for development and positively affects our discussion with both potential partners and sources of finance for project development.
“Coupled with the progress we are making in the Power Plant Feasibility process and in discussions with potential partners the project is moving towards the stage, expected to be later this year, when a multi-party plan for project development can be agreed.”
