Ncondezi Energy agrees outline power deal with Chinese - Ncondezi - TopicsExpress

Ncondezi Energy agrees outline power deal with Chinese - Ncondezi Energy (LON:NCCL) has signed an outline deal with Shanghai Electric Power Company (SEP) to develop a 300MW plant that will be fed by its Mozambique coal project. The memorandum of understanding, which is a non-binding agreement, would see SEP become controlling shareholder of the facility. SEP has experience of owning, constructing and operating coal fired power stations and has a stated strategy of inter... ow.ly/2PI4ec

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