Friday, 20 September 2013

Tanzania Power Report Q4 2013

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Tanzania Power Report Q4 2013
Sep 18th 2013, 00:00

Price: $ 1295  

BMI View: Our core views and forecasts for Tanzania remain virtually unchanged this quarter. Tanzania's power sector is underperforming, due to a lack of investment, ageing and inefficient infrastructure, as well as an overreliance on unreliable hydropower. Consequently, the country experiences widespread power outages, which are acting as a significant constraint to economic and social development. If future power demand projections are taken into consideration, the situation appears even bleaker, as rising population levels and economic growth are set to drive power consumption. In addition, only about 18% of the population has access to electricity, according to TANESCO, with more than 80% supplied in the urban areas. With efforts being made to increase access to meet the target of 30% by 2015, ...

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