Increased Investment in Electricity Transmission Infrastructure to Ensure Efficient Delivery

TLDR

• The Tanzania Electric Supply Company (TANESCO) signed an MoU with Africa50 to unlock private investment in the country’s electricity transmission network.
• He said private sector participation would ease pressure on the government budget while accelerating investment in infrastructure needed to improve the reliability of electricity supply.
• Prof Wangwe further noted that increased investment in transmission infrastructure would ensure electricity generated by existing and future power plants is efficiently delivered to households, industries and businesses.
• He noted that Tanzania was making progress in electricity generation, adding that improvements in transmission infrastructure would help stabilise power distribution across the country.
• He described the adoption of PPPs in expanding electricity transmission networks as a positive development that would attract private investment to complement government efforts in implementing strategic energy projects.