Earlier this year, the company was one of two group that received a detailed Request for Proposal from the Ministry for the development of up to 100MW of CBM fuelled pilot power plants in Botswana. The RFP submissions will be assessed based on considerations including, eligibility, technical and funding criteria.
Whilst this new submission date will put back the evaluation of bids, Tlou Energy is encouraged by the fact that the Ministry takes the bid process very seriously and that in light of the fact that CBM is a new industry, they have decided to give bidders the maximum time possible to submit proposals.
With work on the submission documentation complete, the company plans to submit its detailed response to the RFP no later than 20 September 2017 and will now focus on other tasks, including the upcoming seismic survey across the Lesedi and Mamba licences and planning of additional core wells thereafter.
