Mpenda wachaga
Member
- Oct 5, 2018
- 56
- 19
Expensive and it's locally produced, KE its 18usd
Energy projects across Tanzania
Energy projects across Tanzania
- Thread starter Geza Ulole
- Start date
- Status
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #82
Kibo Energy submits documents to Tanzania authorities
Share
07:26 19 Oct 2018
“We are now waiting for a definitive date for completion of Phase 1 from TANESCO but expect this to be completed before the end of 2018"
It is presently in phase one of the process
Kibo Energy PLC (LON:KIBO) told investors that is has now submitted documentation, a formal tender qualification document, to TANESCO (Tanzania Electricity Supply Company) for the Mbeya coal to power project (MCPP).
It noted that this latest step is in line with the Tanzanian Government's new initiative regarding the development of independent power projects.
READ: Kibo Energy moves closer to landing permits for Tanzania coal-to-power project
Louis Coetzee, Kibo chief executive, said: "Our visionary development approach has allowed us to develop and forge critical strategic partnerships very early on in the process and having done all the definitive feasibility studies, financial modelling, technical development work and environmental and social impact assessment certification well in advance, we have been able to submit a TQD of exceptionally high standard and substance in a very short space of time, submitting our TQD 24 hours ahead of the submission deadline; we believe that this will stand us in good stead.
“We are now waiting for a definitive date for completion of Phase 1 from TANESCO but expect this to be completed before the end of 2018."
The process now sees Kibo proceed, with pre-qualification notification anticipated for successful applicants.
A definitive date for the completion of phase 1 is anticipated before the end of this year, and, phase 2 is expected to include pre-bid meetings, a variety of meetings and consultations, followed by an award process.
Kibo Energy submits documents to Tanzania authorities
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #83
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #84
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #85
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #86
Egypt's Sisi invited to lay foundation stone for Tanzania's Stiegler Gorge dam
MENA , Sunday 21 Oct 2018
A file photo of Egyptian president Abdel Fattah El-Sisi (Photo:Al-Ahram)
Views: 210
Tanzanian President John Magufuli has invited Egyptian President Abdel-Fattah El-Sisi to lay the foundation stone of Tanzania’s Stiegler Gorge dam, which will be built by an Egyptian company, according to Egypt’s presidential spokesman Bassam Rady.
Magufuli made the invitation during a phone call on Sunday with El-Sisi, who accepted the invitation and said that Egypt looks forward to enhancing ties with Tanzania in various fields.
Magufuli praised the bilateral ties, joint economic cooperation and trade exchange between the two countries.
The Egyptian company Arab Contractors has won the tender to build the Stiegler Gorge dam, which is the most important national project for generating electricity in the African country, according to Rady.
Search Keywords:
MENA
-
Short link:
MENA , Sunday 21 Oct 2018
A file photo of Egyptian president Abdel Fattah El-Sisi (Photo:Al-Ahram)
Views: 210
Tanzanian President John Magufuli has invited Egyptian President Abdel-Fattah El-Sisi to lay the foundation stone of Tanzania’s Stiegler Gorge dam, which will be built by an Egyptian company, according to Egypt’s presidential spokesman Bassam Rady.
Magufuli made the invitation during a phone call on Sunday with El-Sisi, who accepted the invitation and said that Egypt looks forward to enhancing ties with Tanzania in various fields.
Magufuli praised the bilateral ties, joint economic cooperation and trade exchange between the two countries.
The Egyptian company Arab Contractors has won the tender to build the Stiegler Gorge dam, which is the most important national project for generating electricity in the African country, according to Rady.
Search Keywords:
MENA
-
Short link:
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #87
Egypt to construct Tanzanian dam that will 'make Africa proud'
By: Egypt Today staff
Sun, Oct. 21, 2018
-
In a phone call initiated by Magufuli, Sisi said the construction of the dam will be performed in a way that will make Tanzania, Egypt and the African continent proud, exemplifying African cooperation.
The dam will be built on the Basin of Rufiji River as an important national project to generate power.
Magufuli expressed his appreciation of the historic relations between the two nations, and applauded economic cooperation and trade exchange, as well as Egyptian investments in Tanzania.
Sisi was the first Egyptian president to visit Tanzania in August 2017 since 1968.
Egypt to construct Tanzanian dam that will 'make Africa proud'
Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
- 7,037
As you continue to post various developments about Tz energy projects on the Kenyan news side of JF kana kwamba mnaturingia, let me put just a few post from one part of Kenyan energy projects that will explain that no Kenyan is concerned with tz energy projects cause we have plenty of similar magnitute if not more, if fact, we wish you good luck in your projects.
Here I will be talking about Geothermal
GDC begins moving trucks and rig to the North Rift
It was a historical moment for GDC as trucks were flagged off to Baringo-Silali, from the Menengai project site on Tuesday 9th October 2018. Several GDC Board Members, Managing Director & CEO Eng. Johnson P. Ole Nchoe and staff were present to witness this monumental moment.
The MD acknowledged the two regional managers for the great co-ordination in ensuring that the process of moving the rig goes well. “This is an important day in the history of our company. Electricity is an enabler of the Big 4 Agenda and drilling in Baringo – Silali will reduce the cost of power, and also put Baringo-Silali and Kenya on the world map. This is the first rig movement from Menengai to Baringo, and it will be solely done by GDC staff. The distance between Menengai and Paka is approximated at 200Km.This exercise will take 4 weeks”, said Eng Nchoe. He applauded GDC staff tasked with moving the rig and emphasized on how this exercise has helped save the company costs.
“Going North opens a new frontier for this country and changes the potential for providing cheap power”, said Mr. Paul Ngugi Central Rift Regional Manager as he welcomed those present at the function. He applauded the team which was involved in the logistics and planning of the exercise and attributed it to the great teamwork displayed by staff involved.
Celebrating the first rig in the North, North Rift Regional Manager Mr. John Lagat appreciated the Board for enabling the process. He also thanked the infrastructure department for the great job in ensuring that the drilling process begins with no hitch. “Paka prospect is now ready for drilling and this is a great milestone. GDC managed to get water into Paka project, the well pad is ready and the pipeline and pumping is complete. We shall now be discussing the drilling progress in Paka I and II,” said John Lagat. Mr. Ngugi handed over the rig “symbolically” to Mr. John Lagat. Source
Here I will be talking about Geothermal
GDC begins moving trucks and rig to the North Rift
DC (Geothermal Dev. Co) begins moving trucks and rig to the North Rift. The Baringo-Silali Block located in North Rift has an estimated potential of 3,000MW which will be developed in phases
Quote:
It was a historical moment for GDC as trucks were flagged off to Baringo-Silali, from the Menengai project site on Tuesday 9th October 2018. Several GDC Board Members, Managing Director & CEO Eng. Johnson P. Ole Nchoe and staff were present to witness this monumental moment.
The MD acknowledged the two regional managers for the great co-ordination in ensuring that the process of moving the rig goes well. “This is an important day in the history of our company. Electricity is an enabler of the Big 4 Agenda and drilling in Baringo – Silali will reduce the cost of power, and also put Baringo-Silali and Kenya on the world map. This is the first rig movement from Menengai to Baringo, and it will be solely done by GDC staff. The distance between Menengai and Paka is approximated at 200Km.This exercise will take 4 weeks”, said Eng Nchoe. He applauded GDC staff tasked with moving the rig and emphasized on how this exercise has helped save the company costs.
“Going North opens a new frontier for this country and changes the potential for providing cheap power”, said Mr. Paul Ngugi Central Rift Regional Manager as he welcomed those present at the function. He applauded the team which was involved in the logistics and planning of the exercise and attributed it to the great teamwork displayed by staff involved.
Celebrating the first rig in the North, North Rift Regional Manager Mr. John Lagat appreciated the Board for enabling the process. He also thanked the infrastructure department for the great job in ensuring that the drilling process begins with no hitch. “Paka prospect is now ready for drilling and this is a great milestone. GDC managed to get water into Paka project, the well pad is ready and the pipeline and pumping is complete. We shall now be discussing the drilling progress in Paka I and II,” said John Lagat. Mr. Ngugi handed over the rig “symbolically” to Mr. John Lagat. Source
Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
- 7,037
We've trained 80 East African personnel on geothermal priority skills in the Africa Geothermal Centre of Excellence
State of the art Geothermal drilling simulator at the Africa Geothermal Center of excellence - menengai
Students from the Djibouti Office for Geothermal Development (ODDEG) are taken through the workings of a rig on a drilling simulator at the Menengai Geothermal Project as part of their ongoing training.
the world’s largest single turbine geothermal power plant,
State of the art Geothermal drilling simulator at the Africa Geothermal Center of excellence - menengai
Students from the Djibouti Office for Geothermal Development (ODDEG) are taken through the workings of a rig on a drilling simulator at the Menengai Geothermal Project as part of their ongoing training.
the world’s largest single turbine geothermal power plant,
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #90
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #91
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #92
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #93
80% of a $3.5bln Hoima-Tanga pipeline to be spent in Tanzania.
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #94
Gas is key to powering industrialisation drive
WEDNESDAY OCTOBER 24 2018
The Equinor country manager Mette H. Ottøy. PHOTO | COURTESY
In Summary
Bio
By BEATRICE MATERU
More by this Author
The Equinor country manager Mette H. Ottøy spoke to Beatrice Materu about the energy firm’s rebranding and the future of its oil and gas exploration in Tanzania.
-----------------------------------------
Why did Statoil change its name to Equinor?
The name change was occasioned by our evolution into a broader energy company, a company not only focusing on oil and gas but also renewable energy. But this is just a change of name.
The ownership structure remains unchanged as does our focus on developing resources discovered in Block 2 offshore Tanzania.
Equinor has been in Tanzania since 2007.
What have you accomplished over this period?
Equinor Tanzania signed a production sharing agreement with Tanzania Petroleum Development Corporation (TPDC) in 2007 and started exploration activities in Block 2 offshore Tanzania in 2011.
Equinor Tanzania is the operator with a 65 per cent working interest with ExxonMobil Exploration and Production Ltd as a partner.
In total, 15 exploration and appraisal wells have been completed and nine out of 15 drilled wells have been successful, with gas estimated at more than 20 trillion cubic feet.
How significant is Tanzania to Equinor’s global operations?
The Tanzania gas project is one of our most important international projects and has been given high priority.
We acknowledge the importance of gas development in Tanzania and as operators of Block 2.
Equinor shares Tanzania’s vision of developing natural gas resources to contribute to the country’s socio-economic transformation.
The success of the LNG project is key for this to happen.
What is the project’s status?
It is still in the early stages. We are optimistic that the Host Government Agreement, which sets the commercial and fiscal framework for the project, will be drafted and agreed upon soon.
After that, construction of the plant is estimated to take four to five years and production is expected to last more than 30 years.
Why is the LNG project significant for Tanzania?
The LNG project will be by far the largest in Tanzania.
When realised, the project will generate substantial benefits for the country, including domestic gas, which can be used to support the country’s realisation of Vision 2025, especially in terms of electrification and industrialisation.
The government will benefit from direct tax, income from TPDC and indirect taxes from other economic activities around the project.
In addition to these benefits, there will be opportunities for Tanzanian suppliers and workers, during the construction phase and also long-term during the operations phase.
The project will be a substantial supplier of gas to the domestic market and is well placed to feed into the existing gas pipeline to supply Dar and beyond.
How much gas will go to the domestic market?
Equinor will supply up to 10 per cent of the natural gas for use in the domestic market, which has the potential to produce twice the amount of electricity that Tanzania currently produces.
Gas is key to powering industrialisation drive
WEDNESDAY OCTOBER 24 2018
The Equinor country manager Mette H. Ottøy. PHOTO | COURTESY
In Summary
Bio
- 2015-Jan 2018: Dr Ottøy is senior VP operations, development and Production Norway.
- 2003: Principal engineer and then senior roles within Equinor. Held several positions responsible for the offshore and onshore operations of Equinor installations on the Norwegian Continental Shelf.
- 2016—2018: Board member, the Norwegian Petroleum Association
- 1997—2009: External examiner at the Norwegian University of Science and Technology.
- Education: PhD Biotechnology (Polymer Chemistry) and a Masters in Chemistry, both from the Norwegian University of Science and Technology.
By BEATRICE MATERU
More by this Author
The Equinor country manager Mette H. Ottøy spoke to Beatrice Materu about the energy firm’s rebranding and the future of its oil and gas exploration in Tanzania.
-----------------------------------------
Why did Statoil change its name to Equinor?
The name change was occasioned by our evolution into a broader energy company, a company not only focusing on oil and gas but also renewable energy. But this is just a change of name.
The ownership structure remains unchanged as does our focus on developing resources discovered in Block 2 offshore Tanzania.
Equinor has been in Tanzania since 2007.
What have you accomplished over this period?
Equinor Tanzania signed a production sharing agreement with Tanzania Petroleum Development Corporation (TPDC) in 2007 and started exploration activities in Block 2 offshore Tanzania in 2011.
Equinor Tanzania is the operator with a 65 per cent working interest with ExxonMobil Exploration and Production Ltd as a partner.
In total, 15 exploration and appraisal wells have been completed and nine out of 15 drilled wells have been successful, with gas estimated at more than 20 trillion cubic feet.
How significant is Tanzania to Equinor’s global operations?
The Tanzania gas project is one of our most important international projects and has been given high priority.
We acknowledge the importance of gas development in Tanzania and as operators of Block 2.
Equinor shares Tanzania’s vision of developing natural gas resources to contribute to the country’s socio-economic transformation.
The success of the LNG project is key for this to happen.
What is the project’s status?
It is still in the early stages. We are optimistic that the Host Government Agreement, which sets the commercial and fiscal framework for the project, will be drafted and agreed upon soon.
After that, construction of the plant is estimated to take four to five years and production is expected to last more than 30 years.
Why is the LNG project significant for Tanzania?
The LNG project will be by far the largest in Tanzania.
When realised, the project will generate substantial benefits for the country, including domestic gas, which can be used to support the country’s realisation of Vision 2025, especially in terms of electrification and industrialisation.
The government will benefit from direct tax, income from TPDC and indirect taxes from other economic activities around the project.
In addition to these benefits, there will be opportunities for Tanzanian suppliers and workers, during the construction phase and also long-term during the operations phase.
The project will be a substantial supplier of gas to the domestic market and is well placed to feed into the existing gas pipeline to supply Dar and beyond.
How much gas will go to the domestic market?
Equinor will supply up to 10 per cent of the natural gas for use in the domestic market, which has the potential to produce twice the amount of electricity that Tanzania currently produces.
Gas is key to powering industrialisation drive
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #95
Black Rock Mining Ltd: THE INVESTMENT CASE
INVESTMENT OVERVIEW
Black Rock Mining DFS values Tanzania graphite project at US$895 million
Share
10:10 24 Oct 2018
The study predicted a 32-year mine life and featured a 42.8% internal rate of return.
INVESTMENTOVERVIEW: BKTTHE BIGPICTURE
Black Rock has released headline figures from its DFS and an executive summary to market today
Black Rock Mining Ltd (ASX:BKT) has published its definitive feasibility study for its Mahenge Graphite Project in Tanzania after reporting a significant offtake agreement earlier this week.
The company said the study demonstrated “major geological and geographical advantages” and low-cost-to-customer advantages.
READ: Black Rock Mining inks offtake agreement to supply large quantities of graphite concentrate to Heilongjiang Bohao
The company’s post-tax, unlevered net present value (NPV) of US$895 million was matched with a post-tax, unlevered internal rate of return (IRR) of 42.80%.
The headline figures from Black Rock's definitive feasibility study
Black Rock's John de Vries told Proactive Investors the company had well and truly delivered a bankable feasibility study with its definitive feasibility study (DFS).
Mining engineer De Vries told the market this morning: “When setting out to deliver our definitive feasibility study our primary objective was to develop the study to point where it would support a bankability level of due diligence.
“With over 25,000 person hours using consultants and contractors with real graphite mine construction and operations experience, I am very confident we have differentiated ourselves, and delivered that on that outcome.”
READ: Black Rock Mining gets positive feedback for Mahenge graphite from potential customers
Black Rock leader De Vries told Proactive his objective was to build a mine and a team in Tanzania to run the project.
He highlighted the quality skill sets of the company’s board and the quality of the people it had in-country, including Tanzania corporate vice-president Raymond Hekima who has more than 13 years experience with government and corporate sectors.
De Vries reported: “This study is about building a mine. The attention to detail, the level of data support, the effort and the engagement with stakeholders, positions the company to move into financing and construction.
“We have invested in operational readiness to avoid a post-commissioning performance drop-off and to support our Tanzania-centric operating model.”
The project location in Tanzania
De Vries told Proactive some of the advantages of the project that stemmed from its geography or geographical location had come as a surprise.
Among these were the low cost of transportation.
The Tanzanian project site is only 70 kilometres by road from the Tanzania Zambia Railway Authority rail network that runs direct to the country’s principal port at Dar es Salaam.
He reported today: “Geographically, we have established the lowest cost logistics solution, by proving the viability, and preference for rail haulage to the port of Dar es Salaam, the largest port in our region.”
The life-of-mine C1 costs free-on-board (FOB) at Dar were US$401 a tonne, while its life-of-mine all-in sustaining costs for Dar were US$473 a tonne and its concentrate basket FOB cost was US$1,301 a tonne.
The company said it had the “lowest cost to customer given access to rail and major East African port from rail.”
READ: Black Rock Mining swells confidence of graphite resources in Tanzania
Black Rock highlighted it had the highest purity flake graphite achieved from conventional flotation circuit processing.
De Vries flagged a number of Mahenge competitive advantages the DFS leveraged.
He reported: “From a geology perspective, we established capacity to deliver the world’s highest grade flotation concentrate of plus-99% letter of indemnity (LOI) Mahenge Ultra Purity-FP.
“Being able to produce the highest grade concentrate available without chemical or thermal refining effectively future-proofs the company as markets increasingly shift towards higher quality concentrates.”
Black Rock also reported the lowest peak capital for annual tonne of product.
READ: Black Rock Mining completes optimisation study
The company’s DFS put the average steady state production rate at 250,000 tonnes a year, while total life-of-mine concentrate production was 6.6 million tonnes.
Mahenge has one of the largest JORC-compliant flake graphite mineral resource estimates in the world, with 211.9 million tonnes grading 7.8% total graphitic carbon (TGC) for 16.6 million tonnes of contained graphite.
Black Rock reported a major offtake deal for the project earlier this week after conducting very large pilot plant operations for its DFS and trialling its concentrate with a large pool of potential customers.
The Australian-listed company inked a three-year deal to supply up to 90,000 tonnes a year of blended graphite concentrate to Heilongjiang Bohao Graphite Company Limited.
Black Rock’s deal fully books and exceeds the concentrate capacity of its first plant in its scaled-up production model.
The DFS figures and executive summary published today re-emphasised the deal effectively underwrote its construction costs.
De Vries said: “We are confident that our approach to market segmentation, and a focus on channel strategy based on credible volumes of real products, will yield results with product offtake.
“We anticipate improvements in our capital cost once Yantai Jinyuan complete a program of metallurgical test work, and have run a small pilot plant as part of their due diligence process, however this has not been factored into the study economics.”
The DFS’ capital expenditure (capex) for phase I production of 83,000 tonnes a year was US$115 million, which includes a 10% contingency.
Capex for phase II, an 83,000 tonnes a year production level, is US$69.5 million, with a 15% contingency.
Phase III capex, also for 83,000 tonnes, is US$84.2 million, also with a 15% contingency.
The Mahenge site layout
Next steps
Black Rock will continue to work with Yantai Jinyuan to reduce capex through Chinese procurement processes.
The company expects to hold additional offtake discussions as it seeks to further underwrite its production profile.
Black Rock staffers expect to lodge a mining licence application in-country over the coming weeks, backed by environmental approvals it secured in August 2018.
The company hopes to quickly finalise detailed engineering and begin construction by midway through calendar year 2019 and reach producer status in mid-2020.
Share
Amanda Ellis
Black Rock Mining DFS values Tanzania graphite project at US$895 million
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #96
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #97
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #98
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #99
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #100
TANZANIA: Ngozi’s geothermal project will require a $821 million investment
By Jean Marie Takouleu - Published on October 4 2018 / Modified on October 7 2018
The Tanzanian government recently announced that it will need to invest $821 million for the Ngozi geothermal project in the south-western part of the country. The latter will generate 600 MW of electricity through a public-private partnership.
Tanzania has become one of the main attractions for private investment in East Africa. More than ever, the country needs investors to drive its economy. Recently, the government launched a call for private renewable energy producers for 350 MW of electricity in solar and wind power. According to a September 2018 report by the Tanzania Investment Centre (TIC), the country is seeking a total of $14 billion in the oil, gas and energy sectors. According to Geoffrey Mwambe, ICT Director, investors are expected to finance several projects in the form of public-private partnerships and joint ventures.
The latest announcement is from Tanzania Electric Supply Company Limited (Tanesco), the public company responsible for the production and distribution of electricity. The company is working to complete a round of financing to accelerate the launch of the Ngozi geothermal project by $821 million in the south-western Mbeya region of the country, bordering Zambia and Malawi. The plant will have to produce 600 MW of electricity by 2025.
A two-phase project
Ngozi’s geothermal project will be carried out in two phases. The first is to produce 200 MW and 400 MW for Phase II. The latter also includes the construction of an 18 km transmission line between Ngozi and Mwakibete, also in the Mbeya region.
Exploration of the Ngozi geothermal project is still ongoing. This phase of the project was funded to the tune of $21.7 million by the Climate Investment Fund (CIF). The funding is part of the CIF’s Renewable Energy Expansion Program (REEP). Of the amount injected, $5 million represents a loan and $16.73 million from the African Development Bank (AfDB).
According to Tanzania Geothermal Development Company (TGDC), the country has a geothermal potential of 5,000 MW.
Throughout Tanzania, 50 sites have therefore been identified to exploit this clean energy found in Kilimanjaro, Arusha and Mara in the north; Rufiji Valley in the east and Rukwa and Mbeya in the south. The future Ngozi geothermal power plant (in Mbeya) will produce 200 MW of electricity by 2020.
Jean Marie Takouleu
TANZANIA: Ngozi's geothermal project will require a $821 million investment - Afrik 21
By Jean Marie Takouleu - Published on October 4 2018 / Modified on October 7 2018
The Tanzanian government recently announced that it will need to invest $821 million for the Ngozi geothermal project in the south-western part of the country. The latter will generate 600 MW of electricity through a public-private partnership.
Tanzania has become one of the main attractions for private investment in East Africa. More than ever, the country needs investors to drive its economy. Recently, the government launched a call for private renewable energy producers for 350 MW of electricity in solar and wind power. According to a September 2018 report by the Tanzania Investment Centre (TIC), the country is seeking a total of $14 billion in the oil, gas and energy sectors. According to Geoffrey Mwambe, ICT Director, investors are expected to finance several projects in the form of public-private partnerships and joint ventures.
The latest announcement is from Tanzania Electric Supply Company Limited (Tanesco), the public company responsible for the production and distribution of electricity. The company is working to complete a round of financing to accelerate the launch of the Ngozi geothermal project by $821 million in the south-western Mbeya region of the country, bordering Zambia and Malawi. The plant will have to produce 600 MW of electricity by 2025.
A two-phase project
Ngozi’s geothermal project will be carried out in two phases. The first is to produce 200 MW and 400 MW for Phase II. The latter also includes the construction of an 18 km transmission line between Ngozi and Mwakibete, also in the Mbeya region.
Exploration of the Ngozi geothermal project is still ongoing. This phase of the project was funded to the tune of $21.7 million by the Climate Investment Fund (CIF). The funding is part of the CIF’s Renewable Energy Expansion Program (REEP). Of the amount injected, $5 million represents a loan and $16.73 million from the African Development Bank (AfDB).
According to Tanzania Geothermal Development Company (TGDC), the country has a geothermal potential of 5,000 MW.
Throughout Tanzania, 50 sites have therefore been identified to exploit this clean energy found in Kilimanjaro, Arusha and Mara in the north; Rufiji Valley in the east and Rukwa and Mbeya in the south. The future Ngozi geothermal power plant (in Mbeya) will produce 200 MW of electricity by 2020.
Jean Marie Takouleu
TANZANIA: Ngozi's geothermal project will require a $821 million investment - Afrik 21
- Status