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Kibo says Tanzania power project will be competitive

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Creamer Media Contributing Editor Online
 
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Dual-listed Kibo Mining expects its Mbeya coal-to-power (MCPP) project, in Tanzania, to produce electricity at “well below” national electricity tariffs. “Tanzania has varied electricity tariffs; it can be anything form $0.18/kWh to $0.35/kWh, but our project will come in well below the existing going rate,” CEO Louis Coetzee told Mining Weekly Online.
 
 
 
 
 

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