Energy and Minerals minister Sospeter Muhongo
By Ludger Kasumuni, The Citizen
In Summary
Energy and Minerals minister Sospeter Muhongo told a
conference on powering Africa in the city yesterday that Tanesco now
had a company on procurement and distribution of poles and the other one
for generation of thermal power.
Dar es Salaam. The process of restructuring the Tanzania Electric Company (Tanesco) has begun.
Energy and Minerals minister Sospeter Muhongo told
a conference on powering Africa in the city yesterday that Tanesco now
had a company on procurement and distribution of poles and the other one
for generation of thermal power.
“We are not just declaring political statements on
this issue. We are committed to ensuring that Tanesco is restructured
to pave the way for its efficient management,” said Prof Muhongo.
He said a clear picture on restructuring Tanesco
for attracting more private investments in the energy sector would be
known in June this year after finalising all plans on how to run the
firm’s Sh4 trillion worth of assets.
The minister listed other components of the
Tanesco reform as ensuring that it collects all debts, fights
corruption, improves efficiency, decentralises functions so that only
few major functions are done at the head office and the last one being
the demarcation of three major roles: power generation, transmission and
distribution.
Tanesco managing director Felchesmi Mramba told
the same conference on Thursday that the parastatal was prepared for
reform to ensure that investments were done through private-public
partnerships investment in the energy sector.
He said a proposal had been submitted to the government on how to restructure Tanesco.
However, as of yesterday efforts to contact Mr Mramba to clarify on the formation of two Tanesco outfits was futile.
During the conference which was attended by at
least 200 delegates who are potential foreign and local investors in the
energy sector, a number of international investors called upon the
government to continue improving the business environment.
One of them, Mr Mohamed Tajdin, general manager of
Shapoorji Pallonji based in Kenya, said the process of engaging
possible investors by the government should not be bureaucratic
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