Connect with us
Advertisement

Govt, Tlou Energy close to seal deal for construction of 10MW plant

Negotiations between the Government and Tlou Energy on establishing a Coal Bed Methane (CMB) gas-to-power plant in the country have reached final stages ahead of commencing development work, the energy company has announced.

The Power Purchase Agreement (PPA) negotiations between the independent power producer and the Government will see Tlou Energy constructing a 10MW power generation plant in the Lesedi CMB area with the generated power sold to the Government-owned Botswana Power Corporation (PBC). This was announced this week by Tlou Energy chairman, Martin McIver, in a notice to shareholders in the company’s 2019 annual report.

“With the company selected as a preferred bidder for this project, Tlou is now in the final stage of the process, being negotiations with the government on a Power Purchase Agreement (PPA) ahead of commencing the development work,” he said. However, McIver said the negotiations will remain confidential until the government is in a position to make an announcement.  “These PPA negotiations are confidential and are being led by the government of Botswana.”

“The submission, which was assessed on eligibility, technical and financial criteria, outlined a staged development commencing with up to 10MW of power generation and included the required connection into Botswana’s national power distribution network,” added McIver. In October last year, Tlou Energy submitted its proposal for development of a pilot CBM gas‐to‐power project to the Ministry of Mineral Resources, Green Technology and Energy Security with permission being granted in May this year.

McIver said steady progress had been made towards establishing Tlou Energy as a key power player in Botswana and the company has also been selected as a preferred bidder for the development of the CBM gas-to-power plant in the country. “This was a key target during the year, as we work towards our goal of becoming a regional power provider in southern Africa through the development of our CBM assets,” the Tlou Energy chairman told shareholders.

He said the company was also privileged to have the support of the forward‐thinking government of Botswana, which announced in 2016 that CBM, a relatively clean source of energy and more competitively priced than solar and diesel, is to be included as part of the country’s forward plan to combat power deficiency. Over the last 12 months, Tlou Energy has completed a work programme, which included drilling of two dual lateral development wells in the Lesedi project. The wells (Lesedi 3 and 4) are located adjacent to the proposed central gas gathering and power generation facility and are currently producing gas.

“With CBM development not previously established in Botswana, Tlou is pioneering CBM development in the region. Successful results from Tlou’s projects could potentially impact a whole new CBM basin and be a significant boost not only for Tlou, but for the whole region,” the company’s shareholders were informed. McIver said upon completion of the initial project, the Tlou Energy would look to expand further and the gas field would be connected to the regional grid, thereby opening the possibility for the company in providing power across the region, through the Southern African Power Pool (SAPP).

“Following the successful implementation of this first project, the company looks forward to evaluating longer-term prospects for the delivery of electricity from CMB in Botswana to neighbouring countries.” Meanwhile, Tlou Energy, Managing Director, Anthony Gilby said his company had made significant advancement in the last one year. In the same notice to shareholders, Gilby said Tlou Energy had established Botswana’s Independent Certified Gas Reserve with enough “2P gas already in place to complete the currently proposed 10 MW power project.

“Tlou has a 100% owned project over approximately 9 300 km2, with enormous scope for gas reserve expansion.  The company has built an experienced in‐country operational workforce.  Landholder agreements are either in‐place or being finalised,” said Gilby adding Botswana investors through pension funds were now the largest shareholder group in Tlou Energy aligning the country’s interest with that of the broader shareholder base.

“At the time of writing, a stabilised gas flow from Lesedi 3 and Lesedi 4 has been achieved. It is anticipated that, based on industry norms, the stabilised gas flow from the Lesedi wells should increase with time until a peak is reached,” the MD said. The electricity market in southern Africa continues to suffer from chronic shortage of supply, so development of gas and gas‐fired power in the region remains a very attractive commercial option for the SADC region. Tlou Energy is listed on the Australian Securities Exchange, London’s AIM market and the Botswana Stock Exchange.

Continue Reading

Business

Food prices continue to rise, but at a slower rate

28th November 2022

Prices for cereals or staple foods in Botswana and other Southern African countries continue to rise at a slower pace, following trends in the global markets, according to the latest November 2022 Food Price Monitoring and Analysis by Food Agricultural Organization (FAO) of the United Nations.

This content is locked

Login To Unlock The Content!

Continue Reading

Business

Still doing business the old way?

18th November 2022

It’s time to get business done better with MTN Business Botswana’s ICT Solutions.

Running a digital businessMTN Business Solutions Botswana, popularly known as MTN Business is an Internet Service Provider. We are a subsidiary of MTN Group Limited, a multinational telecommunications Group headquartered in South Africa, which operates in 19 markets across Africa and the Middle East.

More and more, clients are looking for ways to keep their staff productive in a dynamically changing business environment. Whether your people are working from home, the office or abroad, there is a growing recognition that digitising your operations can offer unprecedented commercial value in flexibility, productivity and growth. This new, digital reality means that it is more important than ever to stay agile – if there is anything that can slow a business down, it is being burdened by othatld technology.

Having made substantial investments in fibre technology, high-speed terrestrial and undersea networks and new frequency spectrum across the markets wherein it operates, MTN is perfectly positioned to respond to this shift in the market.

A few years ago, MTN also made the decision to build an IP capable radio network for its mobile services, giving its core network the ability to seamlessly integrate with enterprise IP networks. The mobile towers deliver services to enterprise clients absolutely anywhere it has a network, shortening the last mile and removing complexity and cost.

Now there is increasing demand from clients to connect their remote sites in all areas, including rural and semi- rural. MTN has assisted clients with overcoming this connectivity hurdle, enabling their staff to get the job done wherever they are.
MTN’s evolution

For MTN, the focus has shifted from just being a core telecommunications services provider, towards also becoming a technology solutions provider. The service offering now also includes Unified Communications, Data Hosting and Cloud Solutions, Security-As-A-Service and Managed Network Services. The scope has changed to being client and industry specific, so the requirements and service portfolio vary from one client to the next. The expectation is that a company like MTN must respond to these challenges, helping clients to get business done better as they shift from old to new technologies.

As many businesses continue to grapple with a digitally dynamic world, they face new challenges that have to be solved. This environment will benefit those that are more digitally enabled and agile. It is a brave new world that will favour online over on-site, wireless over wired and fluid over formulaic. Businesses will seek out partners and suppliers that are every bit as flexible and forward-looking as they are.
Ultimately, clients need partners like MTN Business that will invest in infrastructure, deliver the services they require, have market credibility, are financially sound and have a long-term commitment to their market presence.

Continue Reading

Business

BIE to vitalize the Dignity of Engineers

9th November 2022

Botswana Institution Of Engineers (BIE), has last week hosted a gala dinner in  which they appreciated engineers who worked tirelessly and with dedication for 10 years from 1983 to steer the BIE to its current status.

The event that was held at the Phakalane Golf Estate had brought together young, experienced and veteran engineers and was held under the theme “Vitalize the dignity and eminence of all professional engineers”.

Explaining the theme, the institution’s treasurer, Thanabalasingam Raveendran said that engineers were looked upon reverentially with respect as the educated but with time it seems to have deteriorated. He indicated that there is a need to change the narrative by all means.

“The BIE exists for the welfare and the betterment of us Botswana engineers, we need to recognize specialised units within our Institution. We Engineers strongly believe in Engineers make it happen” Raveendran said.

He indicated that under the theme they appeal to all engineers to energize, to attain quality of being worthy of honour and respect and to achieve recognized superiority amongst the Society.

Raveendran stated that engineers need to ensure their end product is of good quality satisfying the end users expectations and engineers must be honest in their work.

“Approximately 8000 engineers registered with Engineering Regulatory Board (ERB) are not members of the BIE, engineers need to make every effort to recruit them to BIE” he said.

He alluded that BIE being a society, it currently needs to upgrade itself at par with professional institutions elsewhere like the UK and USA.

He further stated that BIE has to have engineering units of specialised disciplines like Civil/Mechanical/electrical etc

“As President Masisi indicated in his inaugural speech, the young people, who make 60 percent of the population of this country, are the future leaders and therefore investing in them is building the bridge to the future” said Raveendran

Kandima indicated that BIE has a memorandum of Understanding with Engineers Registration Board (ERB), where BIE is a recognised provider of CPD training, mentorship programmes and more importantly IPD undertaking to upgrade the skills and know-how of our engineers.

“For us to achieve our mandate and make worthwhile changes to engineering in Botswana, we have to be totally focused and act with intent” said Kandima.

Furthermore, Stephen Williams, past president of the BIE from 1986-1988 told the engineers that  the BIE provides a fertile environment where they can meet, share ideas and grow professionally.

“The BIE is also a nesting place for graduate engineers to learn from their peers and seniors, it also cater for engineering technicians and technologists and so nobody in the technology field is left out” he said.

He further indicated that Botswana Government provides a conductive environment for growth of engineering professionals.

“It must be stated that the Botswana Government recognises the existence of BIE and it can further be stated that the government enables ERB to carry out its mandate as a regulator of engineering professionals” said Williams

He plead with engineering companies to recognize and support BIE as it is the only source of engineering personnel’s for various Industries .

Furthermore, when giving his farewell speech, Michael Pinard , a past president of the institution  said how they are viewed as engineers by the general public might be due to some lack of appreciation as to exactly what role they play in the development of the country.

“The BIE slogan is aptly coined-Engineers make it happen, in other words, what man dreams engineers create” Said Pinard.

Continue Reading