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Tlou Energy awards Lesedi project tender to Zismo

Coal Bed Methane (CBM) power generation pursuant, Tlou Energy this week announced a major landmark in their development of the Lesedi gas-to-power project in Botswana after awarding tenders for their Lesedi Power project.

A local engineering company, Zismo Electrical a contracting, automation and refurbishment has been awarded a tender to construct 66kv transmission line for the Lesedi project while South African company OptiPower, which is a division of Murray & Roberts, were given the substation contract for the project. OptiPower main core business includes construction of substations, power lines and fibre networks.

Lesedi Substation will integrate the generation assets with the transmission line and the Serowe substation will tie in with Botswana Power Corporations (BPC) existing infrastructure. According to the statement from Tlou Energy- the first stage of development of the project will be the erection of wooden poles fitted with an overhead 66kV transmission line, further stating that the substations will be installed at Lesedi site and Serowe.

Last year June, Tlou Energy which is one of the region’s most advanced CBM developers announced that they have raised P22 million in a share offer designed to advance its Lesedi project in central Botswana. In a statement to investors, Tlou Energy Managing Director, Tony Gilby said the partially underwritten share offer of 75 million shares had raised P22 million out of the P24 million targeted.

During the time of the announcement of capital raised for the project, Tlou energy management said the proceeds of the offer will go towards engineering and design of a transmission line, due diligence costs related to development funding, field operations and working capital at Lesedi.

Commenting on the awarding of the two tenders to Zismo engineering and OptiPower respectively, Tlous MD Gilby said: We are delighted with the response to our tender and look forward to working with our new local contractor Zismo and OptiPower, to connect our Lesedi power project to the grid at Serowe,

The proposed transmission line is the key to unlocking independently certified gas reserves and contingent resources as well as our solar potential, according to Tlou Energy. The local and broader market is significantly short on sources of cleaner energy and Tlous projects aim to be a significant supplier over time.

Our objective remains on track to start production with a measured approach in order to minimise risk and cost of capital. Once the initial gas and solar production is up and running, modular and low risk expansion is the objective, said Gilby further revealing that the yet un-tapped gas that they has proven to exist within its 100% owned ~9,000 square kilometres represents an enormous cleaner energy resource for the region.

When combined with Tlous solar generation plans, which are predicated on producing solar power from a region with known high solar incidence, hence this should continue to provide significant upside for shareholders and Botswana, he said. With funds in place to commence construction, we intend to start work on the ground as soon as possible and thereby begin to unlock Tlous potential.

Moreover, Ministry of Mineral Resources, Green Technology & Energy Security (MMGE) this year underscored its intention to support power generation through CBM. Prior to the governments support for Tlous power CBM projects , the Botswana Stock Exchange (BSE) listed energy company (Tlou) together with State owned Botswana Power Corporation (BPC) singed a Pilot Power Purchase Agreement (PPA) for the first 2 Mega Watts of power from the Lesedi project.

A grid connection agreement which was also signed enables the injection of power into the BPC grid. Tlou energy also reveals that in 2019 the Botswana government imported over 28 percent (1,101 GWh) of power from Eskom of South African and NamPower -national electric power utility company of Namibia- at estimates cost of USD $75m thus (P 861 million).

Furthermore, they said demand within Botswana and in neighbouring countries is steadily growing hence giving Tlou potential to access the electricity market outside Botswana via the Southern African Power Pool once connected to the Botswana grid.

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BAD WEEK FOR MANCHESTER CITY

6th February 2023

After falling to close the gap on Arsenal by losing to a record breaking goal by Kane at the Tottenham stadium.Manchester City now find themselves being charged by the Premier League with more than 100 breaches of its financial rules following a four-year investigation.

According to BBC , it has referred the club to an independent commission over alleged rule breaches between 2009 and 2018 , and also that Man-city has not been co-operating since the investigation which started in 2018 .

BBC further states that The commission can impose punishment including a fine , points deduction and expelling the club from the Premier league.

The alleged breaches include ,  breaching rules for requiring full details of manager remuneration,from 2009-2010, to 2012-2013 seasons when Roberto Mancini was in charge . Also player remuneration between 2010-2011 and 2015-2016.

The Premier league stated that City breached rules related to UEFA regulations , including Financial Fair Play , from 2013-2014 to 2017-2018 ,as well as Premier League rules on profitability and sustainability from 2014-2016 to 2017-2018

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South Korean Embassy aids students living with disabilities

6th February 2023

South Korean Ambassador in South Africa has donated e-learning equipment through Botswana Red Cross Society (BRCS) to Tlamelong Rehabilitation Centre in Tlokweng recently, in a bid to fine tune the student’s textile skills.  

When talking at the handing over ceremony, Chull-Joo Park, said they agreed with BRCS to give out e-learning equipment to better the training skills of students living with disabilities.

“With the Information and Communication Technology (ICT) equipment and job training skills, we will be able to help the students living with disabilities to do e-learning and to better their education and job training,” said Chull-Joo Park.

It was revealed that the South Korean Embassy approached BRCS with the intent to donate equipment and educational material that includes an embroidery machine, photo copier machine, tablets and interactive boards to be utilized by the trainees.

The industrial printer is a machine that works with embroidery machine to print designs for clothing and it will enable the learners to have more material available to them to facilitate learning.

Through this embroidery machine, students will be exposed to better technologies which ultimately improve the quality of materials they produce. It will also allow students to learn business skills and run profitable ventures.

Smart board gadgets will provide the students with an elevated learning process to be fostered by e-learning. The gadgets provide a more visual element to the learning process, which in turn improves learner mental retention.

Tlamelong Rehabilitation serves the marginalized and underserved less privileged persons living with disability in Botswana. The center offers boarding services, vocational training, social services, physiotherapy and rehabilitation services for young people living disabilities aged 18-35 from across the country over a period of two (2) years per cohort which has a maximum intake capacity of 35. BRCS through International Federation of the Red Cross and Red Crescent Societies (IFRC) have managed to create great working synergy with the South Korean Embassy in Pretoria based in South Africa to support or augment the National Society’s Rehabilitation Centre’s learning challenges.

For his part, BRSC Secretary General Kutlwano Mokokomani said they are delighted to convey their gratitude as BRSC to the South Korean Embassy for donation and they look forward to an enduring partnership for such worthy causes.

“South Korean Embassy’s great gesture will enable trainees to thrive, to fulfil their dreams to become a reality as this equipments will go a long way in creating great impact in the lives of trainees and their families. We wish to convey our sincere gratitude to the South Korean Embassy for their noble gesture of donating the E-learning equipments.”

BRCS offers rehabilitation services spread across three (3) areas in Botswana being Sefhare Stimulation center in Sefhare, Tshimologo stimulation center in Francistown and Tlamelong rehabilitation center in Tlokweng.

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DIS alleges plot to kill Masisi hatched in South Africa

6th February 2023

A dispute is brewing between Botswana and South Africa intelligence agencies over alleged mercenary training camps discovered in South Africa by the Directorate of Intelligence and Security (DIS). 

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