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Mozambique: Ncondezi Coal signs framework agreement


Issue 254 - 17 May 2013
Ncondezi Coal announced on 25 April that it has signed a power framework agreement with the Mozambican government for the first 600MW phase of its coal project. The framework is a legal prerequisite for power purchase agreement, coal supply and transmission negotiations to begin and will govern the relationship between the company and the government during the development phase.

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