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Tanzania says needs $46 billion in power investment by 2040

Tanzania needs $46 billion in power investment by 2040. The amount is said to be borrowed from various sources while the government will input only 30% to make sure there is adequate electricity in Tanzania. 80% of 46$ will cover cost includes investment on generation, transmission and sub-stations. The investment aims to boost power generation capacity from 1,500MW to 10,000 megawatts over the next decade. Taking advantage of Natural gas and coal, the investment expected to end chronic energy shortages and boost industrial growth. Read more

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