https://en.sputniknews.africa/20250322/tanzanias-tanesco-in-talks-with-zambian-firm-to-export-electricity-to-zambia-local-media-reports-1071209880.html
Tanzania's Tanesco in Talks With Zambian Firm to Export Electricity to Zambia, Local Media Reports
Tanzania's Tanesco in Talks With Zambian Firm to Export Electricity to Zambia, Local Media Reports
Sputnik Africa
Tanzania currently generates 3,431 megawatts of electricity, with hydroelectric power accounting for 58% and natural gas for 35%. The country aims to boost its... 22.03.2025, Sputnik Africa
2025-03-22T12:26+0100
2025-03-22T12:26+0100
2025-03-24T10:51+0100
sub-saharan africa
tanzania
zambia
ethiopia
east africa
southern africa
energy
renewable energy
electricity
cooperation
https://cdn1.img.sputniknews.africa/img/07e9/03/16/1071209712_0:57:1069:658_1920x0_80_0_0_fa5ccff8fcba9105e528111a92b1a6a1.jpg
Tanzania's Tanesco is in talks with a Zambian firm to export electricity to Zambia and potentially other countries in a deal that will reportedly offer a premium rate that exceeds the current cost of importing power from Ethiopia. The export volume is expected to rapidly recoup the costs of the Julius Nyerere Hydroelectric Project within four years, subject to regulatory approval.This trade pact strengthens Tanzania-Zambia ties and marks a private-sector breakthrough in the region, facilitated by the Zambian-Tanzanian consortium, Kanona Power Limited. Tanesco's business development manager, Magoti Mtani, expressed hope that this trade will increase revenue for efficient operations, noting discussions with Zambia's Kanona Electric Company to explore expanded electricity trading. The meeting was a preliminary step towards finalizing the electricity trade agreement, expected to be signed soon, which will facilitate electricity access and contribute to economic growth in African countries, Kanona Electric Company's Head of Business, Nsofwa Sikanika, stated as quoted by the media. As a member of the Eastern Africa Power Pool and the Southern African Power Pool, Tanzania is well-positioned to benefit from trading electricity with other African nations.
https://en.sputniknews.africa/20250311/ghana-and-burkina-faso-forge-energy-security-pacts-1071042752.html
tanzania
zambia
ethiopia
east africa
southern africa
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2025
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
tanzania, zambia, ethiopia, east africa, southern africa, energy, renewable energy , electricity, cooperation, economy, economic growth, development
tanzania, zambia, ethiopia, east africa, southern africa, energy, renewable energy , electricity, cooperation, economy, economic growth, development
Tanzania's Tanesco in Talks With Zambian Firm to Export Electricity to Zambia, Local Media Reports
Ekaterina Shilova
Writer / Editor
Tanzania currently generates 3,431 megawatts of electricity, with hydroelectric power accounting for 58% and natural gas for 35%. The country aims to boost its power capacity by 2,463 MW by 2030, focusing on renewable energy sources such as solar, wind, geothermal, and others.
Tanzania's Tanesco is in talks with a Zambian firm to export electricity to Zambia and potentially other countries in a deal that will reportedly offer a premium rate that exceeds the current cost of importing power from Ethiopia. The export volume is expected to rapidly recoup the costs of the Julius Nyerere Hydroelectric Project within four years, subject to regulatory approval.
This trade pact strengthens Tanzania-Zambia ties and marks a private-sector breakthrough in the region, facilitated by the Zambian-Tanzanian consortium, Kanona Power Limited.
Tanesco's business development manager, Magoti Mtani, expressed hope that this trade will increase revenue for efficient operations, noting discussions with
Zambia's Kanona Electric Company to explore expanded electricity trading.
The meeting was a preliminary step towards finalizing the electricity trade agreement, expected to be signed soon, which will facilitate
electricity access and contribute to economic growth in African countries, Kanona Electric Company's Head of Business, Nsofwa Sikanika, stated as quoted by the media.
As a member of the Eastern Africa Power Pool and the Southern African Power Pool, Tanzania is well-positioned to benefit from trading electricity with other African nations.
