Tlou Energy To Submit Response To Request For Proposal In September

Tlou Energy Limited, the AIM and ASX listed natural gas explorer said it has been informed, subsequent to its announcement of 21 August 2017,  that the submission date for lodgement of responses to the Request for Proposal (RFP) from Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security for the development of up to 100MW of CBM fuelled pilot power plants in Botswana has been extended from 23 August 2017 to 20 September 2017.

Earlier this year, the company was one of two group that received a detailed Request for Proposal from the Ministry for the development of up to 100MW of CBM fuelled pilot power plants in Botswana.  The RFP submissions will be assessed based on considerations including, eligibility, technical and funding criteria.

“Whilst this new submission date will put back the evaluation of bids, Tlou Energy is encouraged by the fact that the Ministry takes the bid process very seriously and that in light of the fact that CBM is a new industry, they have decided to give bidders the maximum time possible to submit proposals,” Tlou said in a filing.

“With work on the submission documentation complete, the company plans to submit its detailed response to the RFP no later than 20 September 2017 and will now focus on other tasks, including the upcoming seismic survey across the Lesedi and Mamba licences and planning of additional core wells thereafter.”

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