Electricity

Egbin Power to develop 900 MW gas-fired power plants in Tanzania

Saturday, 01 October 2016 18:36

Nigerian power developer Egbin Power plans to build in Tanzania, two gas-fired power plants with a total capacity of 900 MW. “We plan to set-up two plants, each generating 450 MW....all we are awaiting now are the government approval and Tanesco's (Tanzania Electric Supply Company) proposal,” the firm’s CEO, Dallas Peavey said.

Details regarding the project’s specifications and exact location have not yet been disclosed. However, the developer said it will invest $630 million in the project highlighting that it is ready to start works as soon as it gets all required approvals.

“We are interested in power generation. We have the expertise and experience from our operations in the United States of America, Argentina, Africa and Europe,” the official told Daily News.

Egbin Power, subsidiary of Nigerian Sahara Group, has a portfolio of 1,320 MW of thermal plants using natural gas.

Gwladys Johnson

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