Kibo finalises transmission line bid for MCPP

Aim- and AltX-listed Kibo Mining has concluded the final bid clarification for the construction of the transmission line that will evacuate power from the Mbeya power plant to State-owned Tanesco’s Mbeya substation. The power plant forms part of Kibo’s Mbeya coal-to-power project (MCPP), which includes the development of a coal mine and a 250 MW to 300 MW mine mouth thermal power station.