Thursday, 14 November 2013

Tanzania Power Report Q1 2014

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Tanzania Power Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

BMI View: Our core views and forecasts for Tanzania remain virtually unchanged this quarter. The country's power infrastructure has been plagued by inefficiencies and under-investment for years. This, coupled with limited overreliance on unreliable hydropower and low electrification rates, exposes the market and the wider economy to shocks and risks. 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. With the country aiming at increasing population access to electricity from 18% to 30% in 2015, new capacity will be essential. However, despite several projects having been advanced, the current backdrop leads us to believe that delays and some cancellations are to be ...

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