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    NCCL   VGG640631039

NCONDEZI ENERGY LIMITED

(NCCL)
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Ncondezi Energy Limited Announced Power Plant Epc Contract Signed

09/09/2021 | 02:00am EDT

Ncondezi Energy Limited announced that the Engineering, Procurement and Construction ("EPC") power plant contract for the integrated Ncondezi 300MW coal fired power project and coal mine in Tete, Mozambique (the "Project") has been signed with China Machinery Engineering Corporation ("CMEC") at a virtual signing ceremony. The EPC contract confirms CMEC as the main contractor to provide design, engineering, manufacturing, procurement, construction, erection, installation and commissioning of the Ncondezi 2x150MW coal-fired power station on an EPC turnkey basis. The EPC contract is valid for 3 years and subject to standard conditions being met before construction can start, including the achievement of Financial Close at the Project.


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Financials (USD)
Sales 2020 - - -
Net income 2020 -2,81 M - -
Net Debt 2020 4,16 M - -
P/E ratio 2020 -6,67x
Yield 2020 -
Capitalization 7,73 M 7,74 M -
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 4
Free-Float 67,5%
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Number of Analysts 0
Last Close Price 0,01 
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Managers and Directors
Hanno Crosland Pengilly Chief Executive Officer & Executive Director
Michael John Haworth Non-Executive Chairman
Christiaan Ernst Schutte Chief Operating Officer
Aman Sachdeva Non-Executive Director
Scott Jonathan Fletcher Non-Executive Director