A new phase of drilling has begun at the Lesedi Gas-to-Power Project in Botswana. In the second week of April 2023, the Australian company Tlou Energy began the work on Lesedi 6 gas production pod.
The latter is located to the southwest and parallel to the existing Lesedi 4 gas production pod. As of the 13th date of April 2023, the Lesedi 6 gas production pod had reached a depth of approximately 59m.
Eventually, the pod will comprise one vertical production well intersected by two lateral wells. The latter will be drilled horizontally through the target reservoir section for several hundred meters. Once the drilling phase is completed, dewatering will commence and thereafter the well will start to establish an indicative gas flow rate.
Noteworthy, Lesedi 6 gas production pod is the first well of a proposed drilling program to expand gas production at the Lesedi Gas-to-Power Project in Botswana. Gas flows from this pod will be converted to electricity. The electricity will be supplied to the Botswana Power Corporation (BPC) under an existing 10MW Power Purchase Agreement (PPA).
New transmission lines, substations, and associated electrical infrastructure are being put in place for this purpose.
Background of the Lesedi Gas-to-Power Project in Botswana
The Lesedi Power Project is a gas-to-power project located in Botswana’s Central District, some 100 kilometers from the existing power infrastructure.
Tlou Energy said that the financing that will be obtained will be used to carry out the project in two phases. The first of which will produce approximately 2 MW of electricity will require an investment, while the second phase with a projected capacity of 10 MW will cost US$ 20M.
La primera fase del proyecto, cuyo costo estimado es de alrededor de US$ 10 millones, involucra la construcción de líneas de transmisión, instalación de transformadores, conexión a la red, adquisición e instalación de generadores de electricidad y, potencialmente, la perforación de pozos de gas adicionales. Dicha línea de transmisión se extenderá desde el proyecto Lesedi hasta la localidad de Serowe, una distancia de unos 100 Km, donde se conectará a la red eléctrica existente. Esta fase producirá aproximadamente 2 MW de electricidad.
La segunda fase tiene como objetivo principal aumentar la producción de electricidad inicial a 2MW e implicará la perforación de más pozos de gas, así como la compra de generadores adicionales. El costo de esta fase es de aproximadamente US$ 10M.
Upon successful completion of phases one and two, the company plans to expand the project beyond 10MW. This expansion is expected to be completed using project revenues and debt.
Reportado julio 2019
Botswana to develop coal bed methane-fueled power Plant
The government has revealed plans to develop and pilot a coal bed methane (CBM) fueled power plant. Ministry of Mineral Resources, Green Technology, and Energy Security said that the project was undergoing procurement.
Following the approval of two companies, Sekanamey Energía Tlou como licitadores preferidos para el proyecto por la Junta de Enajenación de Bienes de Enajenación de Contrataciones Públicas (PPADB), las negociaciones con las dos empresas debían comenzar en serio.
“As per the PPDB Act, the outcomes of the negotiations will go through an approval process by PPADB prior to awarding of the tender,” said the ministry in a statement.
Coal bed methane-fueled power plant
According to Tlou, a proposal submission was for the development of CBM-fired power plants up to a maximum of 100MW. It outlined a staged development starting with up to 10MW of power generation to facilitate the success of the downstream project by requiring relatively minimal upfront capital expenditure, thus reducing risk.
The company said that based on the electricity price guide provided by the government in Tlou’s tender of about US $0.12 per kWh, a 10MW project could generate gross revenue of about US$10 million per year.
“El esfuerzo realizado por nuestro equipo en los últimos años ha sido fenomenal y este resultado hace que todo valga la pena. La compañía ahora avanzará con trabajo adicional en el terreno para ofrecer una solución de gas a energía que puede traer beneficios significativos para el país y para nuestros accionistas”, dijo el director general de Tlou, Tony Gilby.
The project is the government’s initiative geared towards facilitating the development of the gas industry in Botswana. Coal bed methane is a clean energy source capable of earning the country carbon credits and positively improving the country’s energy mix,
Botswana tiene una importante escasez de energía y, en general, depende de la generación de energía eléctrica y diesel importada para cumplir con sus requisitos de energía.
Reportado febrero 2020
Coal bed methane-fueled plant in Botswana to be operational by 2025
The US $4bn coal bed methane-fueled power plant in Botswana is set to be operational by 2025. This is according to Mineral Resources Minister Lefoko Maxwell Moagi who said the methane plant is also expected to come on stream by 2022
The project is the government’s initiative geared towards facilitating the development of the gas industry in Botswana. Coal bed methane is a clean energy source capable of earning the country carbon credits and positively improving the country’s energy mix.
Methane-fueled power plant
Sekaname y Energía Tlou won the bid for the project from the Public Procurement Disposal Asset Disposal Board (PPADB) and the government has held preliminary discussions with Sasol Ltd. for the refinery project and expects to finalize power purchase deals this year for the pilot power plant
The project will see the construction of CBM-fired power plants up to a maximum of 100MW with the staged development starting with up to 10MW of power generation to facilitate the success of the downstream project by requiring relatively minimal upfront capital expenditure, thus reducing risk.
Botswana has a significant energy shortage and generally relies on imported power and diesel generation to fulfill its power requirements. It hosts 212 billion tonnes of coal resources,
“El esfuerzo realizado por nuestro equipo en los últimos años ha sido fenomenal y este resultado hace que todo valga la pena. La compañía ahora avanzará con trabajo adicional en el terreno para ofrecer una solución de gas a energía que puede traer beneficios significativos para el país y para nuestros accionistas”, dijo el director general de Tlou, Tony Gilby.
Abril de 2020
Botswana Power Corporation entra en PPA de energía con Tlou Energy
La Corporación de energía de Botswana (BPC) ha celebrado un Contrato de Compra de Energía (PPA) con Energía Tlou para pilotear el CBM de 2MW en el país. El PPA interino ahora está pasando por las últimas formalidades regulatorias.
The Company remains in discussions with potential project finance partners who have been waiting to see the interim PPA in place, which facilitates connection to the power grid and the first revenue for the Company. A pathway to revenue generation is key for financiers and once connected to the grid, expansion of the project (and thereby increasing revenue) is seen as a relatively straightforward and largely de-risked process.
The Company submitted a proposal to Botswana’s Ministry of Mineral Resources Green Technology and Energy Security (MMGE) in 2018 for the development of a 10MW CBM Gas-to-Power plant. The 10MW proposal is separate from the 2MW interim PPA. BPC and MMGE continue to assess the 10MW proposal and will advise the Company in due course.
Acerca de Tlou Energy
Tlou Energy is focused on delivering Power solutions to Botswana and southern Africa to alleviate some of the chronic power shortages in the region. Tlou is currently developing projects using gas and plans to combine this with solar power to provide a cleaner baseload power source.
Botswana has a significant energy shortage and generally relies on imported power and diesel generation to fulfill its power requirements. Tlou’s Lesedi Power Project provides investors with access to a compelling opportunity to displace expensive, carbon-intensive diesel and imported coal-fired electricity with a cleaner and more environmentally friendly alternative.
In addition to plans for cleaner energy, the company is also committed to developing community projects in Botswana adding real value to people’s lives in a region with sparse services and where few opportunities exist for the local population. This includes work to assist communities to become self-sustaining, develop business opportunities, improve access to education and create opportunities for self-employment and wealth creation.
Reportado en octubre de 2020
Tlou Energy seeks funds to develop the Lesedi power project in Botswana
tlou energía limitada, una compañía en etapa de exploración dedicada a la exploración y evaluación de activos en Botswana y la región del sur de África en general para identificar y desarrollar recursos de metano de lecho de carbón (CBM) ha anunciado que actualmente está buscando financiamiento para el desarrollo del proyecto de energía Lesedi.
En un comunicado, la empresa señaló que se ha comprometido Corporación de Desarrollo de Botswana (BDC) y las discusiones aún continúan y esperan concluir con éxito la propuesta de financiamiento. También recibió recientemente una hoja de términos indicativos para la financiación de líneas de transmisión y transformadores de un nuevo financiador potencial. Evaluará esta oferta junto con otros posibles financiadores para evaluar la mejor opción posible y el socio de financiación en el futuro.
Implantación del proyecto de desarrollo
Tlou Energy said that the financing that will be obtained will be used to carry out the project in two phases. The first of which will produce approximately 2 MW of electricity will require an investment, while the second phase with a projected capacity of 10 MW will cost US$ 20M.
La primera fase del proyecto, cuyo costo estimado es de alrededor de US$ 10 millones, involucra la construcción de líneas de transmisión, instalación de transformadores, conexión a la red, adquisición e instalación de generadores de electricidad y, potencialmente, la perforación de pozos de gas adicionales. Dicha línea de transmisión se extenderá desde el proyecto Lesedi hasta la localidad de Serowe, una distancia de unos 100 Km, donde se conectará a la red eléctrica existente. Esta fase producirá aproximadamente 2 MW de electricidad.
La segunda fase tiene como objetivo principal aumentar la producción de electricidad inicial a 2MW e implicará la perforación de más pozos de gas, así como la compra de generadores adicionales. El costo de esta fase es de aproximadamente US$ 10M.
Upon successful completion of phases one and two, the company plans to expand the project beyond 10MW. This expansion is expected to be completed using project revenues and debt.
Reportado marzo 2021
Discusiones para asegurar la financiación del proyecto de energía Lesedi en Botswana en curso
Las conversaciones para asegurar la financiación del Proyecto de energía Lesedi en Botswana están actualmente en curso. Energía Tlou, the company behind the project has been working with a number of parties to secure funding. The Company is seeking project finance to build a transmission line from the Lesedi power project to the existing electricity grid as well as electrical substations, gas, and solar generation assets.
The most advanced project finance discussions are currently with a very reputable Botswana-based entity. Due to confidentiality, the Company is unable to name the entity concerned at this time. However, the company can confirm that their investment committee and board have discussed and are favorably disposed to Tlou’s proposal. They are now proceeding to get a third-party technical review of the project as part of their due diligence process. Once this report is assessed an investment decision can be made.
Financiamiento de proyectos
The Lesedi project is proposed to be developed in two phases. Phase one involves transmission line construction, sub-stations, grid connection, electricity generators, and potentially the drilling of additional gas wells. The 100 Km transmission line will run from the Lesedi project to the town of Serowe where it will connect to the existing power grid. Initial generation is proposed to be up to 2MW of electricity. Funding required for phase one is US $10m which can be staged if necessary or prudent to do so.
El financiamiento de la segunda fase es para la expansión de la generación de electricidad hasta 10MW. Esto implicará la perforación de pozos de gas y la compra de activos adicionales de generación de electricidad. El financiamiento requerido para la fase dos es de US $ 20 millones. Upon successful completion of phases one and two, the Company plans to expand the project beyond 10MW.
Negociaciones de licitación de 10MW
As expected, the Company has received correspondence from advisors assisting the Government of Botswana in the execution of their Coal Bed Methane (CBM) program for the development of up to 100MW of CBM-fueled pilot power plants.
Este es un desarrollo positivo con más discusiones planeadas. La Compañía tiene como objetivo avanzar en este asunto lo más rápido posible.
Marzo 2021
TLOU Energy recaudará US $ 2.6 millones para el proyecto de energía Lesedi
TLOU Energía is planning to raise US $2.6m for the Lesedi power project in Botswana. The funds are expected to go toward the construction of a 66KV transmission line from the project to the existing electricity grid at Serowe and toward field operating costs and ancillary equipment.
The TLOU Energy Lesedi power project is set to be developed in two phases. Phase one involves transmission lines construction, substations, grid connection, electricity generators, and potentially the drilling of additional gas wells. Initial generation is proposed to be up to 2MW of electricity. Funding required for phase one is US $10m which can be staged if necessary.
Phase two involves the expansion of electricity generation up to 10MW. This will include the drilling of gas wells and the purchase of additional generation assets. Funding required for phase two is US $20m. Upon successful completion of phases one and two, the company plans to expand the project beyond 10MW.
Debates sobre financiación
Early this month, the company announced that funding discussions with a number of parties were ongoing. The most advanced project finance discussions were with a very reputable Botswana-based entity. Due to confidentiality, the Company was unable to name the entity concerned at the time.
However, the company confirmed that their investment committee and the board had discussed and were favorably disposed to Tlou’s proposal. They were proceeding to get a third-party technical review of the project as part of their due diligence process. Once the report is assessed an investment decision can be made.
Abril de 2021
Financing of the Lesedi power project in Botswana is almost finalized
Las conversaciones sobre la financiación del proyecto Lesedi Power se encuentran en una etapa avanzada con una entidad con sede en Botswana de gran reputación. De acuerdo a Energía Tlou, due to confidentiality, they are unable to reveal the entity concerned at this time. However, they can confirm that their investment committee and board have discussed the project financing and are favorably disposed to Tlou’s proposal. They are now proceeding with a third-party technical review of the project as part of their due diligence process. Once this report is assessed an investment decision can be made.
La Compañía está buscando financiación de proyectos para construir infraestructura para conectar el proyecto de energía Lesedi a la red eléctrica existente en Botswana. Esta infraestructura incluye líneas de transmisión, subestaciones eléctricas, así como la instalación de activos de generación a gas y solar.
proyecto de energía lesedi
The Lesedi power project is proposed to be developed in two phases. Phase One involves transmission line construction, substations, grid connection, electricity generators, and potentially the drilling of additional gas wells. The 100km transmission line will run from the Lesedi project to the town of Serowe where it will connect to the existing power grid. Initial generation is proposed to be up to 2MW of electricity. Funding required for Phase One is US $10m which can be staged if necessary or prudent to do so.
El financiamiento de la Fase Dos es para la expansión de la generación de electricidad hasta 10MW. Esto implicará la perforación de pozos de gas y la compra de activos adicionales de generación de electricidad. El financiamiento requerido para la Fase Dos es de US $ 20 millones. Upon successful completion of Phases One and Two, the Company plans to expand the project beyond 10MW.
Durante el trimestre, la Compañía recaudó con éxito ingresos brutos de 3.6 millones de dólares estadounidenses mediante la colocación de 75,000,000 de nuevas acciones a un precio de emisión de 3.5 peniques por acción. La Funds raised are planned to go towards the commencement of transmission line construction. While this work proceeds, Tlou will also continue its negotiations with other financiers for further development of the Lesedi project.
Mayo 2022
Construction of transmission line connecting the Lesedi Power Project to the National grid begins
Ha comenzado la construcción de la línea de transmisión que conectará el Proyecto de Energía de Lesedi con el sistema de energía de Botswana. Zismo Ingeniería Pty Ltd has performed the basic work, and the path is being cleared of trees. Site handover, collecting the project team and resources, mobilization of machinery and equipment, line survey and design, pole structure modeling, and evaluation and approval by TlouEl ingeniero de propietarios, Mott MacDonald, formaron parte del trabajo preliminar.
Zismo has also begun equipment procurement, which includes the fabrication of steel and timber poles, cross arms, line hardware, fittings, stay wire, and assemblies. The equipment will be supplied in phases, with the first shipment of wooden poles arriving next month. The project site offices of Zismo have been established in Mogorosi hamlet, and a roving site camp will be established at strategic sites along the transmission line route.
Desarrollos en torno al proyecto de energía Lesedi
Work began with route preparation, which included the previously stated bush clearance and the installation of farm gates where needed, line pegging, inspection, and approval. The poles will be erected in parts, beginning at the Serowe end of the line and progressing to Lesedi. Work on the first portion is scheduled to begin around the end of June, with work on section two beginning at the end of September 2022.
The line will employ around 650 wooden poles and 80 steel structures, which will need excavation, placing, assembly, dressing, planting, backfilling, and compacting, followed by stringing, tensioning, and regulating. This will be followed by testing, commissioning, and line energization.
The transmission line is projected to be finished in mid-2023, with the substations at each end likely to be completed in the second half of 2023. Following that, the sale of power may begin. Tlou’s Managing Director, Mr. Tony Gilby, stated that it was excellent to have the transmission line work started in the field.
