Australia and London-AIM listed Botswana coalbed methane (CBM) developer Tlou Energy said February 27 it has signed a binding heads of agreement (HoA) with UK-based Independent Power Corporation (IPC) to jointly develop Tlou’s proposed up-to-100 MW CBM to power project.

Last month Tlou was asked by the Botswana government to develop the CBM-fuelled power plant at the Lesedi CBM project.