tiprankstipranks
Company Announcements

Tlou Energy Nears Completion of Lesedi Substation

Tlou Energy Nears Completion of Lesedi Substation

Tlou Energy Ltd. (AU:TOU) has released an update.

Tlou Energy Ltd. is on the verge of completing its Lesedi substation, with the arrival of a crucial 5MVA transformer marking one of the final steps towards finishing the project. The company’s gas production from Lesedi wells is ongoing, with efforts to stabilize gas flow, and substantial gas reserves have been certified, promising long-term electricity production potential. Additionally, a nearly complete 66kV power line is set to enhance the area’s energy infrastructure once minor adjustments are finalized.

For further insights into AU:TOU stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App