Monday, December 7, 2015

Mtwara 600 MW gas power plant transmission to cost USD 1.3 billion

The Chief Executive of Symbion Power, Paul Hinks
 Power Africa initiative under President Barack Obama will support the initiative made through a Public  Private Partnership (PPP) that will build the 600MW gas power plant and transmission line and expected to operate in Mtwara Region early next year.

 
A 600MW gas power plant and transmission line is involving US-based Company, Symbion Power and Tanzania Electric Supply Company (Tanesco).
 
Speaking in an interview with The Guardian at the just ended two day Power Africa Forum held in Dar es Salaam last week, Symbion Power Chief Executive Officer, Paul Hinks  said that the construction for the gas power plant will start next year and expected to complete in 2019.
 
Hinks also said that after completion, Tanzania for the first time in the history will start exporting electricity to nearby countries such as Malawi, Kenya, Uganda, Zambia, Northern Mozambique and Zambia.
 
“The 600MW gas power plant will see Tanzania exporting electricity to nearby countries, we believe shortly after two years of construction from 2017 to 2019, the project will expect to be completed,” he said.
 
“We will build the 600MW gas power plant and transmission line in Mtwara, where we will partner Tanesco.  We have chosen to build the gas project in Mtwara because the region has been neglected, we want to stimulate the social and economic project over there,” he said.
 
He added: “The 600MW gas power plant and transmission line in Mtwara is one of the major biggest power projects in Tanzania and we are also welcoming other more investors in this project that will help the nation and neighbouring countries to have no problem with electricity”
 
He pointed out that the power plant and the transmission line to Songea will provide access to electricity to the whole southern part of Tanzania, and there has never been a grid connection there to ensure the southern region and the entire country are supplied with the power.
 
He underscored that the cost of the whole project including the transition line to Songea will cost USD 1.3 billion.
 
For his part, Tanesco’s Deputy Managing Director-Investment,  Decklan Mhaiki  said: “The 600MW gas power plant and transmission line is the biggest project in the country, we are happy to see the US government under President Obama supporting this project, under Power Africa initiative as well as the Symbion Power”
 
 As part of its support for US President Barack Obama’s African Power initiative, the African Development Bank (AfDB) is set to deepen and expand its efforts in reforming the energy sector.
 
AfDB which is one of the major investors in the energy sector has pledged to scale up funding for energy production, transmission and distribution infrastructure, cross-border power pools, as well as government policy and regulatory reforms.
The Bank will particularly emphasize reforms for national power utilities, many of which are in need of better business models and financial reinforcement.
 
However, Symbion Power Services is a wholly owned subsidiary of Symbion Power. Based in Washington DC, Symbion Power Services serves as a vital local contact between U.S. agencies, other U.S. companies, and Symbion Power’s management teams throughout the world. Symbion Power Services also provides important support and other administrative functions for the Symbion Power organisation.
 

No comments :

Post a Comment