Ncondezi Energy Ltd (NCCL) Ord Npv
Ncondezi Energy Limited (Ncondezi) is a power development company with an integrated thermal coal mine and power plant project located near Tete in northern Mozambique (the Ncondezi Coal Mine and Power Project, respectively). The Company operates through three segments: Mine project, which is involved in the exploration for coal and development of coal mine within the Company's license areas in Mozambique; Power project, which relates to the development of approximately 300 megawatts (MW) integrated power plant next to the Company's coal mine concession areas in Mozambique, and Corporate. Ncondezi is focusing on developing the projects in phases, subject to additional financing, with the first phase targeting approximately 300 MW and ultimately scalable to over 1,800 MW. Its subsidiaries include Zambezi Energy Corporation Holdings 1 Limited, Zambezi Energy Corporation Holdings 2 Limited, Ncondezi Coal Company Mozambique Limitada and Ncondezi Services (UK) Limited.
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