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[h=1][/h]Sat Sep 17, 2011 10:14am GMT
* Company to add extra 250 MW to grid
* Tanzania experiencing blackouts
By Fumbuka Ng'wanakilala
DAR ES SALAAM, Sept 17 (Reuters) - U.S. firm Symbion Power plans to boost electricity supply to energy-deficient Tanzania to 317 megawatts (MW), up from the company's current output of 112 MW on the back of strong energy demand in east Africa's second-largest economy, officials said late on Friday.
Power generation equipment for an initial 50 MW is expected to arrive in Tanzania by the end of the month, the company's chief executive officer, Paul Hinks, said in a statement.
The firm acquired a 112 MW thermal power plant in Tanzania's commercial capital Dar es Salaam in May.
Symbion said it was previously unable to generate electricity at full capacity due to shortages in natural gas supply.
"The forthcoming 50 MW is part of the total additional 205 MW that will be incrementally added to the existing 112 MW, bringing the total megawatts produced by Symbion to 317," the company said in an emailed response to questions sent by Reuters.
The company declined to reveal how much it plans to invest in Tanzania towards the additional power generation capacity.
The Tanzanian government said it plans to spend 1.2 trillion shillings ($733.7 million) by the end of next year for emergency power projects aimed at ending chronic energy shortages in the country.
The nation's parliament approved an emergency power rescue package in August expected to add 572MW to the national power grid by December 2012 against the current deficit of 260 MW.
Tanzania's public power utility introduced rolling blackouts nearly a year ago due to recurring drought and under-capacity of the existing natural gas supply infrastructure.
The International Monetary Fund (IMF) cut its 2011 growth forecast for Tanzania to 6 percent from 7.2 percent in March, saying frequent power outages would hurt output.
Tanzania's economic growth slowed consecutively in the first two quarters of this year compared to the same period last year, according to data from state-run National Bureau of Statistics. ($1 = 1635.500 Tanzanian Shillings) (Editing by George Obulutsa)
© Thomson Reuters 2011 All rights reserved
* Company to add extra 250 MW to grid
* Tanzania experiencing blackouts
By Fumbuka Ng'wanakilala
DAR ES SALAAM, Sept 17 (Reuters) - U.S. firm Symbion Power plans to boost electricity supply to energy-deficient Tanzania to 317 megawatts (MW), up from the company's current output of 112 MW on the back of strong energy demand in east Africa's second-largest economy, officials said late on Friday.
Power generation equipment for an initial 50 MW is expected to arrive in Tanzania by the end of the month, the company's chief executive officer, Paul Hinks, said in a statement.
The firm acquired a 112 MW thermal power plant in Tanzania's commercial capital Dar es Salaam in May.
Symbion said it was previously unable to generate electricity at full capacity due to shortages in natural gas supply.
"The forthcoming 50 MW is part of the total additional 205 MW that will be incrementally added to the existing 112 MW, bringing the total megawatts produced by Symbion to 317," the company said in an emailed response to questions sent by Reuters.
The company declined to reveal how much it plans to invest in Tanzania towards the additional power generation capacity.
The Tanzanian government said it plans to spend 1.2 trillion shillings ($733.7 million) by the end of next year for emergency power projects aimed at ending chronic energy shortages in the country.
The nation's parliament approved an emergency power rescue package in August expected to add 572MW to the national power grid by December 2012 against the current deficit of 260 MW.
Tanzania's public power utility introduced rolling blackouts nearly a year ago due to recurring drought and under-capacity of the existing natural gas supply infrastructure.
The International Monetary Fund (IMF) cut its 2011 growth forecast for Tanzania to 6 percent from 7.2 percent in March, saying frequent power outages would hurt output.
Tanzania's economic growth slowed consecutively in the first two quarters of this year compared to the same period last year, according to data from state-run National Bureau of Statistics. ($1 = 1635.500 Tanzanian Shillings) (Editing by George Obulutsa)
© Thomson Reuters 2011 All rights reserved