Tag Archives: tanesco

President Sacks TANESCO Head Over Power Tariff Hike

Tanzanian President John Magufuli sacked Sunday head of Tanzania Electric Supply Company (TANESCO) for increasing the electricity tariff. The state-run electricity company approved power tariff hike of 8.53 percent citing losses. Sacking of managing director Felchesmi Mramba was announced by the president office in a statement saying the power tariff hike is unacceptable while the country is making plans to ...

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Man Disguised As REA Manager Thugs Same Villagers Promosing Electricity

Same – Several people in Masandare village in Same District of Kilimanjaro are reported to have lost millions to a disguised REA manager for the district. It is said residents from eleven households trusted a person who identified himself as the manager as the villagers have been desperately waiting about a year for the REA programme. Initially, the promised REA ...

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Tanzania Faces Hydropower Electricity Shortage Amid Continued drought

Dar es Salaam – The hydropower plants in Tanzania has been crippled with the extended drought and is struggling in enough production of electricity. The country gets 35 percent of the power from hydropower plants and the rest comes from gas and oil plants. Lately the demands have been growing and with the shortage of water investing is being made ...

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Actress, Model Wema Sepetu Found Defaulter To TANESCO

Tanzania’s renowned model and actress Wema Sepetu is reported to have been a defaulter to Tanzania Electric Supply Company Limited (TANESCO) and she owes the firm TSZ 8,200,496.20. The power company is said to have conducted an impromptu power unit check on homesteads and identified several nonpayers to the electricity consumed, says Tanzania’s Bongo 5. On the official website of ...

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Songas May Shut Part Power Plant, Electricity Shortage May Rise

Dar es Salaam – Tanzania may face power crisis and the threat is not natural but an aftermath of unpaid bills. The Tanzania Electric Company Limited (TANESCO) has not settled the outstanding debt with Songas Ubungo Power Plant that may shut down two of the gas-to-electricity generators of 40 MW capacity. According to Songas Limited Managing Director Nigel Whittaker, the ...

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Tanzania Private sector appeals for reliable power

Increased power tariffs may play a role in the growth of the manufacturing sector this year although the private sector still feels that reliable ...

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TANESCO, EWURA, Millennium Challenge Corporation, OPIC and IFC to address the future of Tanzania’s power sector

EnergyNet’s Powering Africa: Tanzania executive meeting, will be held from 29th-31st January in Dar Es Salaam DAR ES SALAAM, Tanzania, January 9, 2014/African Press Organization (APO)/ – “With such a focused group of industry shapers participating at the Powering Africa: Tanzania meeting from the 29-31 January (http://www.poweringafrica-tanzania.com), we can’t help but be buoyed by the possible outcomes of the debate,” Simon Gosling, EnergyNet. As the World Bank agrees to support Tanzania to strengthen the country’s business environment, international investors flock to the country in search of credible partners, a deeper understanding of the requirement of entering the market and an eagerness to do business. According to the International Energy Agency, sub-Saharan Africa will require more than $300 billion in investment to achieve universal electricity access by 2030.  The US government’s “Power Africa” initiative, which includes Tanzania as one of six priority countries for investment, will commit more than $7 billion over the next five years in financial support to African countries in their goals to increase power generation. The opportunities are therefore massive for Tanzania to transform its economy, create thousands of jobs and empower the youth of the nation to take the East African region profitably forward through to 2030. Whilst both Kenya and Mozambique have witnessed increased investment of late, it is in Tanzania that the volume of investment is changing more rapidly compared with previous years. Managing this transformation appropriately will be the lasting legacy of the government. Investment from banks and investors such as the World Bank, AfDB, the Millennium Challenge Corporation, OPIC, CADFund, CDB and USAID will provide the backbone of investment in Tanzania whilst the industrial sector finds its feet. Most recently the World Bank invested a further US$60mln to boost Private Sector Competitiveness and to fuel sustainable growth and support job creation; a key off-shoot of increased access to energy and power sector development, for which the Bank is also playing a central role. EnergyNet’s Powering Africa: Tanzania executive meeting, to be held from 29th-31st January in Dar Es Salaam, will explore the importance of international partnerships in more detail, bringing together leading international players such as Symbion Power, Schneider Electric, Aldwych International as well as local stakeholders including the Ministry for Mines and Energy, TANESCO and EWURA, to create a credible platform to discuss the opportunities for investors in the country’s power sector. EnergyNet is delighted to have these hugely important organisations represented, further highlighting their commitment to Tanzania.

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