Browsing: TANESCO

The Julius Nyerere Hydropower dam is an ambitious energy project and one of its kind across East Africa, with the capacity to generate 2,115 megawatts. The project cost $2.6 billion and is currently the most significant contract handled by Egyptian companies in Africa.

In August, it was reported by the Tanzanian Minister of Energy, January Makamba, that construction of the dam reached 67.18 per cent. The real work on the ground kickstarted in December 2018, which spanned out Tanzania’s government’s ambition to enrich its energy capacity from all fronts.

Further, the dam is 131 meters high and 1,025 meters long at the summit. The constructors managed to complete the tasks 687 days after the diversion of the river in November 2020 (Tanzania Times).

Tanzania’s electricity generation is comprised of several sources. Hence the dam stands to vitalize power availability and change the state of installed capacity. At least 48 per …

Songas –Tanzania’s leading gas-to-power company announced the appointment of Anael Samuel as the new Managing Director of the company with immediate effect.

The Tanzanian national takes over from Nigel Whittaker who was recently appointed as the company’s board Chairperson.

Under his new role, Anael will lead the company to continue its excellent operational performance and availability and continue to work on its plans to invest over USD65 million (approximately TZS126 billion) to expand its generation capacity at the Songas Ubungo Power Plant from the current 180 MW to 245MW.

Read Also: Tanzania: GE upgrades gas turbines at Songas Ubungo Power Plant

Anael joined Songas in April 2014 as Chief Financial Officer responsible for managing all financial planning, reporting and management of risk for the company. Prior to joining Songas, he held senior roles at Intra Energy Tanzania Limited, Tanga Cement and Unilever. Anael holds an MBA qualification from the University …

Songas limited has paid the government TZS8.8 billion in dividends as a result of its shareholding in the Tanzanian gas-to-power company.

Songas is a strategic partner with the Government in meeting the growing demand for energy and includes ownership by Tanzanian sector entities, Tanzania Petroleum Development Corporation (TPDC), Tanzania Electric Supply Company Limited (TANESCO) and Tanzania Development Finance Company Limited (TDFL) as well as Globeleq, a leading independent power producer solely focused in Africa.

Songas Chief Financial Officer, Anael Samuel said TANESCO will receive about TZS2.2billion while TPDC will receive an estimated TZS6.6billion, both amounts will be subjected to withholding tax.  The amounts are determined by each entity’s shareholding in Songas.

Additionally, the government also benefits from its 32% shareholding in TDFL, which receives about TZS 1.8 billion in dividends and also through the Tanzanian Revenue Authority from the withholding tax on dividends.

Since 2012 the company has paid TZS121.6 …

Powering 58 million Tanzanian lives has been featured by numerous large-scale electricity generation projects.

This includes the controversial, USD 3 billion Rufiji Hydro Project construction at, Stieglers Gorge and the 150 MW solar farm to kick off December 2020.

Electricity in Tanzania has never been one energy-source show. Solar energy, biomass, and hydro-power have been contributing to electrifying urban and rural Tanzania for decades.

According to Tanzania Electricity Supply Company (TANESCO) data, a state-owned company responsible for generation, transmission and distribution of electricity, 1, 382.95 MW are generated from hydropower (43 percent) and thermal (57 percent) sources.

Available data on renewable energy point out that only 6 MW of solar off-grid PV has been installed across Tanzania, which is mainly lighting up the rural areas; school, hospitals, health centers, police stations, and households.

And yet, the Energy Access Situation Report of 2016, points out that only 16.9 percent of rural …