Release date: 30 April 2010
Promoter – Financial Intermediary
Tanzania Electric Supply Company (TANESCO)
Location
Description
The project involves the construction of a 667 km transmission line, operated at 220kV with both circuit strung, between Iringa and Shinyanga.
Objectives
The project will link existing and future generating sources in the south and southwest of Tanzania to the load centers in the Mwanza and Arusha regions, in the north. The north-west part of Tanzania is experiencing a fast increase in electricity demand of around 10% annually due to the growth of mining activities. The existing transmission line has reached its technical limit to carry additional power and the planned connections of rural, urban and industrial customers will increase the network overload. The project might also anticipate future interconnections with Kenya in the north and Zambia in the south.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 130 million.
Total cost (Approximate amount)
EUR 400 million.
Environmental aspects
Due to the project’s caracteristics, the Tanzanian legislation requires an environmental and social impact assessment including an environmental and social mitigation plan and a social and environmental monitoring plan. In addition, a resettlement action plan has been elaborated. The ESIA prepared by an independent consultant has been submitted to the approval of the Tanzanian authorities.
Procurement
The procurement of the section to be financed by the Bank will be carried-out in line with the requirements of the Bank’s Guidelines to Procurement. Other contracts will also be tendered internationally, in line with the rules of the other lenders involved.
Status
Signed - 14/12/2010
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).