AFR and ACWA have a joint development agreement for the development of a 300 MW power station and integrated coal mine.

This is to be located at African Energy Resources’ (AFR) Sese coal deposit in Botswana. AFR and ACWA Power have agreed to co-operate as a single consortium for the preparation and submission of an Expression of Interest (EOI) for the 300 MW Greenfield Tender Request announced by the Government of Botswana. This submission was made on 2nd October 2013.

The joint development agreement also includes the  preparation  and  submission of a joint  bid  in  response  to  a  request  for  proposals  issued  by  the Government of Botswana, or any other proposal requested by the Government of Botswana for the award of the Project and to develop and implement the Project in accordance with the terms of the JDA if the consortium is successful in any bid process.

In August the Ministry of Minerals, Energy and Water Resources (MMEWR), on behalf of the Government of the Republic of Botswana, released a Tender Notice and Invitation for the EOI for the development of a Greenfield 300 MW coal-fired power station.African Energy Resources and ACWA Power as a consortium have now submitted an EOI with the Government of Botswana to build, own and operate a 300 MW coal fired power generation plant to be located at AFR’s Sese coal deposit with the ability to deliver power into the grid as early as 2016, and no later than 2019.  MMEWR expects  to  determine  its  IPP  procurement  process  shortly,  however  it  has  indicated  that  the  information provided may allow it to identify projects that could be engaged earlier.

ACWA Power is a highly regarded international power generation and water desalination developer, investor, co-owner and operator. Its headquarters are located in the Kingdom of Saudi Arabia with projects spread globally. Its total contracted generation portfolio is 15,731 MW of power and 2.4 million m3/day of desalinated water with an investment value in excess of USD 23 Billion.AFR and ACWA Power have jointly submitted an expression of interest for the 300MW Greenfield Tender Request recently announced by the Ministry of Minerals, Energy and Water Resources, on behalf of the Government of the Republic of Botswana.