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Coal mining opportunity in Swaziland
Thu, 28 Apr 2011 09:32


Region
Swaziland

Sector
Energy

Summary:
The government of Swaziland is inviting partners to build a coal-fired thermal power station in Mpaka, which will facilitate coal mining. The project is a public private partnership.
Contact
Zizwe Vilane

Email
vilanez@sipa.org.sz

Tel
Tel:+268 404 0470/2/3/4
Fax
Fax: +268 404 3374


Project: Coal-fired thermal power station 

Location: Mkapa

Summary:
The project will utilise the coal reserves in the Mpaka region for use at the proposed 1 000MW thermal power station, which will facilitate coal mining. Existing infrastructure includes cooling water and 400kv electricity that is capable of carrying up to 2000MW. The project is expected to offset import bills and also generate excess energy for export to southern Africa through the SADC grid. 

IRR: To be determined by further study. Pre-feasibility study estimates payback period of 25 years.

Investment structure: Public Private partnership, percentage of ownership would depend on levels of contribution.

Market size: Current production is an estimated 60 megawatts. Local demand is estimated at 200megawatts. Imports account for an estimated 180 megawatts. Export demand: +/-5000 megawatts

Incentives: 10% corporate tax, training rebate and other sector-specific incentives.

Sponsor: Swaziland Electricity Company (SEC)

For further information on investment opportunities in Swaziland contact SIPA.

Contact person: Zizwe Vilane
Director: Foreign Direct Investment
Email: vilanez@sipa.org.sz

 

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