M a r k e t N e w s

Tanzania: Sh1.7 Trillion Foreign Boost for Green Energy Initiative

Posted on : Wednesday , 13th July 2016

Dar es Salaam — Tanzania's newly launched renewable energy initiative has received a Sh1.7 trillion boost in pledges from foreign donors.

 
Energy minister, Prof Sospeter Muhongo, said at the launch of the initiative yesterday that such pledges from foreign sources complement the government budget of Sh1.2 trillion for rural electrification projects countrywide.
 
The donors are the European Union which pledged 108 million Euros, the African Development Bank ($100 million), Nordic countries ($300 million) and the World Bank ($300 million).
 
"The government is strongly committed to embark on renewable energy projects in line with the UN declaration of 2011 with Sustainable Development Goal number 7, emphasising on all countries in the world to embark on renewable energy development for mitigating the effects of climate change," said Prof Muhongo.
 
The minister said the giant rural electrification project will begin this month as the funds are available to carry out the schemes.
 
"On September 30, this year, we invite investors in rural energy projects," the minister said.
 
"There are three objectives for this initiative. We want to, among other things, improve energy services, double the level of energy efficiency and make renewable energy contribute significantly to the energy mix programme," said Prof Muhongo shortly after launching the initiative.
 
He said the country energy efficiency should be double by 2024.

Source : allafrica.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • Mini plants of toilet paper rolls production
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • Specialty and Custom Chemicals Exhibition
  • Dedicated to the Engineering Manufacturing Sector in India
  • Suppliers of generators for every application
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Kenya Engineer is a Journal of the Institution of the Engineers of Kenya
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  •  Ratan Projects & Engineering Co. Pvt. Ltd. is the flagship company of the Ratan
  • Used Machinery
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • YorPower Kenya was established in 2002. From our headquarters in Nairobi we sell Diesel Generators manufactured by our parent company,
  • At A J Charnaud & Co (Pty) Ltd we are committed to the safety & satisfaction of our customers
  • Save your power bill by instaling servo voltage stabilizer.
  • Automatic brick manufacturing machines
  •  Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in India.
  • Worthington Products is the World’s most trusted name when it comes to providing quality waterway barriers for Debris Control, Dam Safety, Ice-Booms, Fish Guidance
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  •  ABL Machine Tools, One of the group companies of ABL India is India
  • IAC understand your system requirements, and can offer valuable input, be it design, consulting, training, or technical support.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  •  SOVEMA is the worldwide leading supplier of machinery for lead-acid battery production.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade