Hivi RUBADA mimi nilifikiri wanadeal na bonde la Rufiji tu. Inawezekana ss tukawa watu wa kusaini MoU's tu maana kuna nyingine hapa:
RUSSIAN FIRM TO INVEST $700M IN HYDROPOWER PROJECT
A Russian utilities company is planning to invest USD 700m in what could be the largest independent hydropower project in Tanzania. Zarubezhstroy Corporation (ZARS) is set to embark on a five-year venture to put up a hydroelectric power (HEP) plant at Rumakali in Iringa Region which.
ZARS Board of Directors Chairman Razmik Tarzerdyan
When completed, is expected to cover 20 to 25 per cent of Tanzania's hydropower needs.
ZARS Board of Directors Chairman Razmik Tarzerdyan intimated to this The Guardian on the sidelines of the two-day Ninth African Investment Forum, which ended in Dar es Salaam yesterday, that the project will initially generate 222 Megawatts (MW) to be fed directly into the national grid.
He said there would be a massive boom in power supply as production at the plant approached optimal capacity, at which point it will be generating at least 464 MW.
"The Rumakali HEP initiative will make massive use of transfer technology to leverage the benefits of generation capacity built via the various other ventures ZARS is currently engaged in," he added.
The Russian power firm, which also produces and supplies equipment to electricity ventures across the globe, has power production operations in several African countries including Libya and Uganda.
Tarzerdyan revealed that his company is behind the 750-MW Karuma Hydropower Project in Uganda, where it is expected to boost electricity supply appreciably when completed, adding that it also runs several energy sector projects in thehttp://www.blogger.com/img/blank.gif EU, Asia, the Americas and in its native Russia.
He said the company is committed to improving the welfare of communities in all countries where it operates, "by implementing development projects such as construction of schools in line with our corporate social responsibility policy".
A second company is meanwhile also exploring the possibility of investing in the energy sector in Tanzania, but this time with underground heating in mind.
The firm is Kalahari Energy Limited, whose director Moses Banda says they are studying the geothermal potential in and around Lake Tanganyika.
Briefing Forum delegates on the plans yesterday, Banda explained that they are looking "to broaden our company's energy portfolio by adding to similar investments in Uganda and Malawi".