The Theunissen 50 MW Project

African Carbon Energy, through its subsidary: Africary Holdings (Pty) Ltd and all its related subsidiaries (collectively known as “Africary”) has obtained exclusive rights to develop its 1 billion ton coal resource and wishes to exploit its coal with the clean and environmentally friendly UCG mining method and therefore have agreed with an international power plant developer and operator to construct in the order of 62 MW_e gross (50 MW nett) power station on the coal field.