M a r k e t N e w s

Tanzania: Green power for rural south

Posted on : Tuesday, 19th August 2014

 A new investor consortium plans to develop a series of small-scale distributed renewable energy projects in the southern Morogoro region. Kastan Mining announced on 26 May that it had entered into a consortium with Indonesia-based Continental Energy Corporation, Pan African Management and Development Company (Panafra), a US-based infrastructure fund and asset manager, and local energy group, Kitonga Power Electric Company (Kepoco), to form Ruaha River Power Company. Kastan Mining chief executive John Tate told African Energy that Dar es Salaam-based Ruaha Power aimed to supply green electricity to “underserved rural communities in countries around the Indian Ocean Rim”.

Source : archive.crossborderinformation.com
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