M a r k e t N e w s

TANZANIA: $276 million from the AfDB and AFD for the Kakono hydropower plant (88 MW)

Posted on : Friday , 21st April 2023

In Tanzania, the Kakono hydropower project is on track. The French Development Agency (AFD) and the African Development Bank (AfDB) have confirmed their financing of US$ 120.7 million and US$ 116 million respectively. The loans, which will be repaid by the Tanzanian government over 17 years, will be used to build a run-of-river power plant with a capacity of 87.8 MW.

 

The Kakono hydropower scheme also benefits from a US$ 39.5 million grant from the European Union (EU). This brings the total cost of the project to US$ 276.2 million. The project, which started on 1 April 2023, will be delivered by 31 December 2028 by the state-owned Tanzania Electric Supply Company (TANESCO). The infrastructure, which will be accompanied by a dam on the Kagera River, will provide clean energy to about 4 million people.

 

“It will replace the use of fossil fuels in north-western Tanzania, where expensive diesel generators are often brought into service to supplement grid supply or improve the quality of supply to avoid prolonged power cuts. The Kakono plant will generate about 524 GWh per year and this power will be transmitted through a 38.5 km long 220 kV transmission line to the existing Kyaka substation,” says the AfDB, represented in the East African country by Patricia Laverley.

 

The Kakono hydropower plant, which is expected to avoid annual emissions of 216,000 tons of CO2, will also be a hub for Tanzania’s electricity exports to neighbouring countries in the Great Lakes region, including Uganda, Burundi and Rwanda. According to AFD, the commissioning of this facility will contribute to the achievement of the United Nations’ 7th Sustainable Development Goal (SDG) which calls for the development of renewable energy.

 

Source : www.abafnz.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  •  ABL Machine Tools, One of the group companies of ABL India is India
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  •  JS Electromec Ltd,(JSE Ltd) are registered Electrical contractors and Suppliers of Lighting and Power solutions for residential, commercial and industrial applications in Tanzania.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  • Specialty and Custom Chemicals Exhibition
  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  • A world leading name in Heat Transfer Technology
  • Manufacturer of auxiliary equipments
  • Suppliers of generators for every application
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • Save your power bill by instaling servo voltage stabilizer.
  • Worthington Products is the Worlds most trusted name when it comes to providing quality waterway barriers for Debris Control, Dam Safety, Ice-Booms, Fish Guidance
  •  Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in India.
  • Prisma s.r.l. is an industrial reality, qualified in the study and the production of automatic doors for lift.
  • At A J Charnaud & Co (Pty) Ltd we are committed to the safety & satisfaction of our customers
  • YorPower Kenya was established in 2002. From our headquarters in Nairobi we sell Diesel Generators manufactured by our parent company,
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Catering for the most varied industrial storage requirements.
  • The trusted source for all your heavy  equipment needs!
  • EMI has a qualified and dedicated team of managers with vast experience in their respective areas of work.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • We offers high quality, Competitive price and satisfied service always
  • Solarway is a forward thinking creative think tank that develops personalised and sustainable power solutions for people with limited or no access to power.
  • Manufacturers & Exporters of hand tools, garden tools & leatheer tool pouches.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2023 Afrotrade