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Monday, February 7, 2022
Tlou Energy reports it recently received a 10-MW Electricity Generation License from the Botswana Energy Regulatory Authority (BERA) for its Lesedi project in Botswana. The agreement is for 15 years and the sales will go to the Botswana Power Corporation. The company also announced that work is set to commence on the transmission line and substations to connect the Lesedi power project (Lesedi) to the electricity grid.
As announced late last year, funding has been secured for the construction of the transmission line and substations from our largest shareholder (Botswana Public Officers Pension Fund) and since that time the relevant contractors have been updating their tenders to reflect any cost adjustments since their original submissions. This process is largely complete and following final signatures the work is set to commence.
The Lesedi project is located approximately 100Km from the existing electricity grid. The development will include the erection of wooden poles fitted with an overhead 66kV transmission line. In addition, substations will be installed at Lesedi and close to Serowe. The Lesedi substation will integrate the generation assets with the transmission line and the Serowe substation will tie in with Botswana Power Corporation’s existing infrastructure.
The transmission line route has been surveyed and full environmental approval is in place. The line will predominantly cross flat, arid terrain with the last ~5 Km being through the outskirts of the Serowe township.
As previously announced, experienced contractors are being used for the project with construction of the overhead lines by Zismo Engineering (Pty) Ltd and by OptiPower for the construction of substations.
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