Editorial Team

Emmanuel Udom-Managing Editor, Stephen Dijo Philemon-Deputy Editor, Janet Udom-Senior Correspondent, Precious Udom-Senior Correspondent, Williams Ita-Bureau Chief(Akwa Ibom/Cross River), Fabian Idoko-Senior Correspondent

    Manufacturer's Representative Import Export General Merchandise Contract Adress: Araromi Quarters, Owode Area, Ifo, Ogun state, Nigeria P.O.Box 2632, Oshiodi, Lagos Telephone: 2348166719412

    Sunday, 2 October 2016

    Egbin Power Plc plans to invest $630million in Tanzania

                                                                                                                                                Photo: google

    Egbin Power Plc is planning to invest $630million in Tanzania energy sector, especially the natural gas-fired plant.
    Dallas Peavey, chief executive officer of Egbin stated that the investment could be a huge boost for power generation in Tanzania in the public-private partnership project.
    CCTV Africa reports that the project will turn around the energy sector in the country around for good.
    His words: “The construction of the plant is expected to commence any time after the company under Sahara Group has linked the investment pact with the host government”.

    “We plan to set-up two plants, each generating 450 MW….all we are awaiting now is government approval and Tanesco’s (Tanzania Electric Supply Company) proposal,” he further explained.

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