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Wednesday, 2 March 2022

TANESCO - MASDAR AGREE TO BOOST POWER GENERATION


The Tanzania Electric Supply Company Limited (TANESCO) has signed an agreement with a Global Energy Investment Company - MASDAR based in Abu Dhabi to support the development of various power generation projects in the country.

The agreement was signed at the Business and Investment Forum, which was held alongside the Dubai Expo 2020 and was witnessed by President Samia Suluhu Hassan over the weekend.

Elaborating on the agreement, TANESCO Managing Director, Maharage Chande said the agreement is aimed at enabling the company to increase the capacity of power generation by approximately 2,000 megawatts through various projects.

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