UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 Entry into a Material Definitive Agreement
On October 27, 2023, Astra Energy Inc. (the “Company”) entered into an engagement agreement with Black & Veatch South Africa (PTY) Ltd. to deliver a full scope Bankable Feasibility Study of the 350-Megawatt Combined Cycle Power Plant in Tanzania. The main scope of the report to include, Capex and Opex estimation, financial modelling and analysis, and a project implementation schedule that will provide the basis for closing the Power Purchase Agreement (PPA).
Item 8.01 Other Events
On October 26, 2023, the Company changed the name of its wholly owned subsidiary “Astra Energy California Inc.” to “Astra Biofuels Inc.”. Astra Biofuels Inc. will specialize in the brokerage of biofuel/renewable chemicals leveraging the output capabilities of Regreen Waste-to-Energy Technology as well as providing offtake services for clients of Regreen Technology Inc.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ASTRA ENERGY, INC. |
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Dated: October 27, 2023 | By: | /s/ Ronald W. Loudoun |
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Ronald W. Loudon |
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CEO |
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