Botswana: Posco, Marubeni to develop 300MW coal plant


Issue 313 - 04 Dec 2015 | 1 minute read

A consortium of South Korea’s Posco Energy Company and Japan’s Marubeni has been selected as preferred bidder to develop the $800m 300MW second phase of the Morupule B coal power plant. The project is receiving financing from the Export-Import Bank of Korea and the Japan Bank for International Co-operation, alongside a commercial bank. GS Engineering and Construction Corporation is the engineering, procurement and construction contractor. Construction is expected to begin in H2 2016 and be completed in 2020.

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