Ncondezi Energy Ltd (NCCL)

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Company Description

Ncondezi Energy Ltd was incorporated on March 30, 2006 in the British Virgin Islands. It is engaged in the development of an integrated open pit mine and 300MW power plant to produce and supply electricity to the Mozambican domestic market. It has two reportable segments namely Mine project and Power project. The Mine project segment is involved in the exploration for coal and development of coal mine within its licence areas in Mozambique. The Power project segment relates to the development of a 300MW integrated power plant next to the Group's coal mine concession areas in Mozambique...