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Tanzania to Spend $1.9 Billion on Electricity Network Upgrade

Tanzania will spend $1.9 billion to upgrade its power transmission and distribution network as part of plans to end electricity outages. The project will “upgrade power sub-stations and transmission lines across the country to stabilize power supply,” Energy Ministry January Makamba said in a presentation to parliament.

He did not disclose how the government will finance the project. The gas-rich East African nation is struggling with erratic power supply, which Makamba attributed to a legacy failure to invest at least 10% of the utility’s annual revenues in repair and maintenance.

Read more at: BloombergQuint

 


 

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