Market News
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Tanzania: REA Mulls Power to 1.2 Million Rural Residents By 2020
Posted on :Tuesday , 26th May 2015
The Rural Energy Agency (REA) envisages supplying 1,250,000 rural dwellers with electricity in the next five years, thanks to about 900bn/- that the government has set aside to support the grand project.
REA Chairman Edmund Mkwawa, releasing the agency report on implementation of rural energy projects in Dar es Salaam over the weekend, said the massive rural electrification proje. . .Shell to add firepower to BG assets in East Africa LNG race
Posted on :Monday , 25th May 2015
Royal Dutch Shell’s $70 billion takeover of BG Group Plc will put Europe’s largest energy company in the middle of East Africa’s race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier.
The acquisition would include stakes in three blocks off the coast that contain one-third of Tanzania’s estimated resource. This ma. . .Tanzania announces One Million Solar Homes initiative
Posted on :Monday , 25th May 2015
Commitments by the IFC, USAID, OPIC, Sunfunder, SNV and Off Grid Electric are expected to put Tanzania at the forefront of the U.S. Power Africa program.
The Tanzanian national government has announced its One Million Solar Homes initiative aimed at providing a million Tanzanian homes with access to reliable solar electricity by the end of 2017.
The project is expe. . .Tanzania: Power Firm Plans Fresh Power Tariffs
Posted on :Monday , 25th May 2015
Dodoma — TANZANIA Electric Supply Company (Tanesco) plans to announce new energy tariffs soon should the industry regulator, Energy and Water Utilities Regulatory Authority (Ewura), endorse the proposal.
Head of Strategic Plans of Tanesco, Mr Patrick Sankara, said here TANESCO would also introduce new plan on time use of the service, saying the company will reduce costs to . . .Tanzania Sugar-Ethanol EcoEnergy Project Looking For Investors
Posted on :Saturday , 23rd May 2015
The Bagamoyo EcoEnergy project (BEE Project) north of Dar Es Salaam, the commercial capital of Tanzania is looking for new investors for the project.
BEE project is a special purpose project aimed at developing a modern sugar cane plantation and factory producing sugar, ethanol and power for the Tanzanian market.The project at full operations is e. . .Please Select an Option
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