TANESCO to Spend $1.48 Billion to Boost Service

Maxence Melo · 2009-06-24T18:23:54+00:00

Tanzania Electric Supply Co. Ltd. will spend 1.95 trillion shillings ($1.48 billion) in the next five years to boost power supply in the East African country, the company said. The Tanzanian government will contribute 289.6 billion shillings towards the program, the Millennium Challenge Corp. 280 billion shillings and the World Bank 243.4 billion shillings, while the utility will spend 652 billion shillings of its own funds, Tanesco said in a report given to Bloomberg News today in the commercial capital, Dar es Salaam Source

Thread starter Maxence Melo
Start date Jun 24, 2009

Maxence Melo

JF Founder

JF Staff

Jun 24, 2009

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