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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Edenville Energy PLC       GB00B05MCJ34

EDENVILLE ENERGY PLC

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Edenville Energy : Tanesco Re-submission

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12/07/2018 | 06:37am EDT

Edenville Energy plc (AIM: EDL), the company developing a coal project in southwest Tanzania, is pleased to announce that further to its announcements of 22 October 2018, 2 November 2018 and 8 November 2018, the documentation for the Request for Qualification (RFQ) for coal fired power generation projects in Tanzania was today re-submitted to Tanzania Electricity Supply Company ('Tanesco') at their new headquarters in Dodoma, Tanzania. This re-submission was in response to Tanesco cancelling the original submission for all applicants previously submitted on 19 October 2018. The re-submission and opening of the documents took place in front of other bidders with Edenville's documents officially accepted as complete and complying with Tanesco's requirements.

This formal process is the initial stage in the selection of projects to provide power to the Tanzanian grid. A review by Tanesco will now take place to assess applications in order to select those to move to the next stage of the process. There is no defined time limit for the review and at present no assurances can be provided that this re-submission will lead to a successful outcome for Edenville. The Company will provide shareholders with updates on any material developments as they occur.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Edenville Energy Plc
Jeff Malaihollo - Chairman
Rufus Short - CEO
+44 (0) 20 3934 6630

Northland Capital Partners Limited
(Nominated Adviser and Broker)
David Hignell
Gerry Beaney
Jamie Spotswood
+44 (0) 20 3861 6625

IFC Advisory
(Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong
+44 (0) 20 3934 6630

Disclaimer

Edenville Energy plc published this content on 07 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 December 2018 11:36:04 UTC

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Rufus Victor Short Chief Executive Officer & Director
Jeffrey Francis Anthony Malaihollo Non-Executive Chairman
Arun Kumar Srivastava Non-Executive Director
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