{"id":8959,"date":"2020-08-26T08:41:59","date_gmt":"2020-08-26T08:41:59","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=8959"},"modified":"2020-08-26T08:53:06","modified_gmt":"2020-08-26T08:53:06","slug":"botswana-tlou-energy-provides-transmission-line-funding","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-provides-transmission-line-funding\/","title":{"rendered":"Botswana: Tlou Energy Provides Update on \u00a0Lesedi Power\u00a0Project Transmission Line & Funding"},"content":{"rendered":"

Tlou Energy which is focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar has provided an update following a recent site visit by <\/span>Botswana Power Corporation\u00a0(BPC),\u00a0Mott MacDonald\u00a0and the Company, conducted in relation to the proposed transmission line to connect Tlou’s\u00a0Lesedi Power\u00a0project to the BPC electricity grid.<\/span>\u00a0<\/span><\/p>\n

Transmission line detailed design<\/span><\/strong><\/p>\n

Tlou reports it has engaged Mott MacDonald engineering consultants to work on the detailed engineering and design of the proposed 66kV transmission line and steady progress has been made thus far.<\/span>\u00a0<\/span><\/p>\n

To date a significant amount of work on the transmission line has been completed including:<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Successful definition of transmission line route in consultation with BPC and the relevant land boards;<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Conclusive results from route survey completion, confirmation of line route corridor width and surveying and recording of ground elevation along the route;<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Securing a wayleave (right of way) from the Serowe Substation to the proposed Power Plant; and<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>The Environmental and Social Impact Assessment Plan for the project has been completed and the necessary statutory approvals obtained allowing the project to be implemented.<\/span>\u00a0<\/span><\/p>\n

Implementation stage<\/span><\/strong><\/p>\n

Mott MacDonald\u00a0are now working on the implementation stage of the proposed 66kV transmission line which includes:<\/span>\u00a0<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Detailed design of the 66kV Line, Serowe Extension substation and Power Plant intake substation; and<\/span><\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0<\/span>Tender document specification including preparation of Pre-qualification (PQ) documents with the objective of Tlou selecting a short-list of pre-qualified bidders who will be invited to bid for construction.<\/span>\u00a0<\/span><\/p>\n

The implementation stage is currently expected to be completed later this year, conditional on not experiencing undue delays outside Tlou’s direct control e.g. delays in responses from third parties or further lockdowns imposed by the\u00a0Botswana’s\u00a0government. Steps involved in the implementation stage are outlined below.<\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n\n\n\n\n\n
\n

Ref.<\/p>\n<\/td>\n

\n

Detail<\/p>\n<\/td>\n<\/tr>\n

\n

1<\/span><\/p>\n<\/td>\n

\n

Preparation of PQ documents for the 66kV transmission line, feeder bay extension and Power Plant Intake substation<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

2<\/span><\/p>\n<\/td>\n

\n

Draft design brief for the above followed by BPC review and approval<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

3<\/span><\/p>\n<\/td>\n

\n

Final Design Brief for the 66kV transmission line, feeder bay extension and Power Plant Intake substation<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

4<\/span><\/p>\n<\/td>\n

\n

Draft performance specification, schedules and tender drawings for a request for quotes, followed by BPC review and approval<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

5<\/span><\/p>\n<\/td>\n

\n

Final performance specification, schedules and tender drawings and updated pricing<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n

Following completion of the above, the Company will request tenders for construction of the transmission line and associated works. Subject to the receipt of acceptable tenders, available funding and on-the-ground access, the Company plans to commence construction as soon as possible thereafter.<\/span>\u00a0<\/span><\/p>\n

Project finance<\/span><\/strong><\/p>\n

The Company is in discussion with potential providers of project finance including the\u00a0Botswana Development Corporation\u00a0(BDC) as announced previously. This has been and remains a slow process as the Company awaits a revised term sheet from BDC. Tlou will continue to pursue efforts with BDC to a logical conclusion because of the significant potential mutual benefits in partnering with the Government of\u00a0Botswana’s\u00a0main agency for commercial and industrial development.<\/span>\u00a0<\/span><\/p>\n

Simultaneously, several parties both within and external to\u00a0Botswana\u00a0are also engaged in discussions for development finance with a view to agreeing a suitable memorandum of understanding (MoU).<\/span>\u00a0<\/span><\/p>\n

Securing this finance Tlou adds is the key objective for the Company at this point in time.\u00a0 Management are focused on getting the best possible deal either with BDC or another party and are also mindful of our shareholder’s desire to see progress in the near term.<\/span>\u00a0<\/span><\/p>\n

Tlou Energy MD Tony Gilby commented.: <\/span>“Mott MacDonald have been doing an excellent job and we are very pleased with progress to date. The lifting of some COVID-19 related restrictions enabled a recent productive site visit with Mott MacDonald and BPC and activity is increasing across both public and private sectors in Botswana.”<\/span><\/p>\n

“The detailed design and engineering work is primarily desktop based and it is very pleasing to see the project coming to life as the technical work progresses. Our recent successful capital raising, strongly supported by our existing shareholders, means that we are fully funded to complete the detailed engineering and design, service corporate overheads and any necessary finance related due diligence costs if required by financiers and upon agreement of terms.”<\/span>\u00a0<\/span><\/p>\n

“Project finance remains a key objective for the Company and we remain very focused on securing the necessary development funds to enable the construction of transmission lines and development of the power plant at Lesedi. Whilst we have been in advanced discussions with BDC for some time and await a response, shareholders should note that these financing conversations are not exclusive and that there are a number of ongoing positive discussions with other parties as well.”<\/span>\u00a0<\/span><\/p>\n

“With regards to being able to sell power within Botswana and supplying to the grid, we are very well positioned at present: we agreed an interim 2MW Power Purchase Agreement with Botswana Power Corporation some months ago; the full 10MW tender has progressed to the Attorney General’s chambers for legal review; in June we\u00a0 received our formal generation license from the Botswana Energy Regulation Authority for the generation of gas and solar power at Lesedi. Additionally, our grid Connection Agreement is also in the process of being finalised. We look forward to further progress in the coming months”<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Tlou Energy which is focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar has provided an update following a recent site … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":8960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[342,8301,8304,8302,2065,8303,6091],"class_list":["post-8959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-botswana","tag-botswana-power-corporation","tag-lesedi-power-project","tag-mott-macdonald-engineering-consultants","tag-power","tag-serowe-substation","tag-tlou-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1612%2C999&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2kv","jetpack-related-posts":[{"id":9143,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-update-on-the-proposed-transmission-line-to-connect-tlous-lesedi-power-project\/","url_meta":{"origin":8959,"position":0},"title":"BOTSWANA: Update on the Proposed Transmission Line to Connect Tlou’s Lesedi Power project","author":"","date":"September 16, 2020","format":false,"excerpt":"Tlou Energy \u00a0has provided an update on the proposed transmission line to connect Tlou's\u00a0Lesedi Power project\u00a0to the electricity grid in Botswana. Key Points: Pre-qualification tender documents prepared Tender advertised and documents available online Transmission line detailed design update The Company has engaged Mott MacDonald engineering consultants to work on the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13573,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-commences-south-lesedi-6-production-well-drilling\/","url_meta":{"origin":8959,"position":1},"title":"BOTSWANA: Tlou Energy Commences South Lesedi 6 Production Well Drilling","author":"","date":"April 14, 2023","format":false,"excerpt":"Tlou Energy\u00a0has announced that\u00a0work has begun on the next phase of drilling\u00a0at the Company's\u00a0Lesedi Gas-to-Power project. The\u00a0Lesedi 6 gas production pod\u00a0spudded on\u00a010 April\u00a02023 and\u00a0is at\u00a0a\u00a0depth of\u00a0approx.\u00a059m.\u00a0The pod will comprise one vertical\u00a0production well intersected by two lateral\u00a0wells drilled horizontally through the target\u00a0reservoir section for several\u00a0hundred\u00a0metres. The objective of the pod is\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Botswana-Lesedi.png?fit=440%2C582&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11769,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-awarded-10mw-generation-license\/","url_meta":{"origin":8959,"position":2},"title":"BOTSWANA: Tlou Energy Awarded 10MW Generation License","author":"","date":"February 7, 2022","format":false,"excerpt":"Transmission Line Tlou is pleased to announce that work is set to commence on the transmission line and substations to\u00a0connect the Lesedi power project to the electricity grid. As announced late last year, funding has been secured for the construction of the transmission line\u00a0and substations from our largest shareholder (Botswana\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11021,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-signs-power-purchase-agreement\/","url_meta":{"origin":8959,"position":3},"title":"BOTSWANA: Tlou Energy Signs Power Purchase Agreement","author":"","date":"October 19, 2021","format":false,"excerpt":"Tlou Energy has signed a 10MW Power Purchase Agreement (PPA) with the Botswana Power Corporation (BPC). Under the terms of the PPA, BPC will purchase up to 10MW of power generated at Tlou's Lesedi power project. The PPA is for an initial five-year term with the 10MW project being the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13631,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-provides-quarterly-activities-report-for-q1-2023\/","url_meta":{"origin":8959,"position":4},"title":"BOTSWANA: Tlou Energy Provides Quarterly Activities Report for Q1 2023","author":"","date":"April 30, 2023","format":false,"excerpt":"Highlights \u00d8\u00a0The 66KV overhead transmission line is steadily progressing \u00d8\u00a0Development of a purpose-built operations facility is continuing \u00d8\u00a0Substation construction scheduled to commence \u00d8\u00a0Production well drilling underway with Lesedi 6 Activities Tlou Energy\u00a0continues to have three key project areas referred to as: \u00a7\u00a0Lesedi Project\u00a0- focused on the development of gas to\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Botswana-Tlou-Projects.jpg?fit=750%2C465&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Botswana-Tlou-Projects.jpg?fit=750%2C465&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Botswana-Tlou-Projects.jpg?fit=750%2C465&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Botswana-Tlou-Projects.jpg?fit=750%2C465&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9348,"url":"https:\/\/www.oilnewskenya.com\/index.php\/botswana-tlou-energy-provides-funding-for-development-of-the-lesedi-power-project-update\/","url_meta":{"origin":8959,"position":5},"title":"BOTSWANA: Tlou Energy Provides Funding for Development of the Lesedi Power Project Update","author":"","date":"October 29, 2020","format":false,"excerpt":"Project Finance The Company is currently seeking funding for development of the Lesedi power project proposed to be developed in two phases.\u00a0 Phase one involves transmission line construction, transformers, grid connection, electricity generators and potentially the drilling of additional gas wells. The ~100 Km transmission line will run from the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Botswana-Tlou-Lesedi-power.jpg?fit=1200%2C744&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=8959"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8959\/revisions"}],"predecessor-version":[{"id":8963,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8959\/revisions\/8963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/8960"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=8959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=8959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=8959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}