Ncondezi to finalise financial model, tariff submissions in the first half of 2020

Aim-listed Ncondezi Energy aims to finalise the financial model and tariff submissions for its 300 MW coal-to-power project, in Mozambique, during the first half of next year.

The company has selected Synergy Consulting as its preferred financial adviser to prepare a financial model and facilitate the negotiation process with State-owned utility Electricidade de Moçambique.