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Providing Remote Power Solutions to Mines, Utilities and IOC’s Manuel Duggal Mining on Top - June 2014

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Providing Remote Power Solutions to Mines, Utilities and IOC’s Speaker: Manuel Duggal - CEO, MCD International Energy Solutions Mining On Top: Africa - London Summit 24-26 June 2014 | London

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Page 1: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

Providing Remote Power Solutions to Mines, Utilities and IOC’s

Manuel Duggal

Mining on Top - June 2014

Page 2: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

Who we are?

Independent Energy Advisory Consultancy

Specialists in the supply of remote turnkey power solutions

Over 20 years of international trading and working in Europe, ME and Africa

Our clients typically require power and

infrastructure in remote locations

Sourcing of turnkey power plants

Page 3: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

Case Study – Copper/ Gold Mine, Horn of Africa

TSX listed junior miner with its’ main project in the Horn of Africa

The executive board were looking for a way of providing 20MW uninterruptable power for the mine on OpEx not CAPEx.

An Evaluation was made between diesel and HFO which resulted in a decision to rent a diesel plant for an initial period of 2 years.

The contract was extended to 10 years once the rental model had been proven.

MCD assisted in the evaluation and decision making process with the clients’ EPCM contractor

The decision to rent a mobile plant has saved the client in excess of $100m over the life of the mine.

Page 4: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

MCD lead the mine tendered for a new power plant, a fuel storage facility and fuel supply contract.

EPCM of 5MW HFO power plant and 460,00L fuel storage facility

Annual Savings estimated at ~$2.5m.

Case Study –Tanzania

London listed emerging gold producer in Tanzania.

Their flagship project, has been producing gold since 2012.

The back of mine cost , mainly from fuel cost for the diesel fired power plant was creating barriers to development of the mine.

MCD carried out a high level economic and technical study of the current power plant and to recommend a new solution that would save around 30% of the fuel cost.

Page 5: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

Case Study – Tanzania

In addition a Solar PV test farm has been added to the mini grid operating at the mine.

The initial cost of power was $0.43/ kWh

With the change to heavy fuel oil this drops to $0.33 cents

By further introducing the Solar PV farm the cost during daylight hours drops by an additional $0.03-0.04 per KWh.

Page 6: Providing Remote Power Solutions to Mines, Utilities and IOC’s - Manuel Duggal, MCD International Energy Solutions

Contact

Manuel DuggalMCD International Energy Solutions

[email protected] Tel: +44 7795 421460

www.mcd-energy.com