Kibo Energy, Vale sign PPA deal for Benga Power Plant Project
Date
September 09, 2019
Type
Projects
Subtype
PPA Agreement
Countries
Mozambique
Subsectors
Coal-fired
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Kibo Energy has signed a power puchase agreement deal with Vale SA for the energy produced from the 300 MW Benga Power Plant Project.
The deal represents a total of 37% of the energy produced from the plant. Under the terms agreed, Vale will supply the total coal requirement for the plant over its modelled 25-year life.
The project is currently under development.
