Kalahari Energy has sealed an agreement with South African metals and mining giant, Exxaro Resources, for a CBM exploration program to develop a deposit in the Kalahari Karoo Basin in eastern Botswana. Last year, Kalahari Energy and its partners beat a field of 33 bidders for a multimillion pula tender towards the Botswana Power Corp.’s (BPC) 250-megawatt Independent Power Producer (IPP) station. Once commissioned, the IPP will be part of the BPC's short-term interventions to stave off the impact of the prevailing power supply shortage in Botswana. Under the contract,...

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