Linc Energy has signed a memorandum of understanding (MoU) with National Development Corporation (NDC) of Tanzania and Olympic Exploration for an underground coal gasification (UCG) project in Tanzania.

The MoU calls for the development of 400MW power generation from UCG syngas by 2017 to provide power to the Tanzanian electricity grid.

The project will support the growing demands on the Tanzanian Electricity Supply Company (TANESCO) to meet the requirements of the economy.

"This MoU reconfirms the potential for underground coal gasification to play an increasingly important role in the energy mix of southern Africa."

Under the MoU, Linc Energy will carry out a programme of coal exploration and power plant development, which would see the project up and running by late 2017.

The NDC will work together with Linc Energy and Olympic Exploration to obtain all the necessary approvals for the project, while helping to secure land access, utilities and the development of a long-term power purchase agreement.

Linc Energy CEO and managing director Peter Bond said: "This MoU reconfirms the potential for underground coal gasification to play an increasingly important role in the energy mix of southern Africa."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

NDC acting managing director Mlingi Elisha Mkucha said: "The signing of this MoU with Linc Energy and Olympic Exploration presents an excellent opportunity for Tanzania to produce power from resources that would otherwise have not been tapped.

"Linc Energy’s technology will allow power production in the remotest areas of Tanzania, which currently have limited grid connectivity, and therefore enhance economic activities in these areas and contribute significantly towards the reduction of household poverty."

Energy