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Publish Date : 04-Apr-2013

Two International Development Association (IDA) credits are possessed by World Bank\'s board of executive directors costing to $121.46m to Tanzania.

The power sector reforms, forging public-private partnerships, and strengthening national capacity for the optimal use of the country\'s natural gas reserves are the uses of this proceeds. The cost of power supply will be reduced by expanding the use of domestic natural gas in electricity generation and promoting private sector participation in both the power and gas sectors.

Major challenges are experienced by Tanzanian power sector due to below average rainfall that have reduced hydropower generation and due to inadequate past investment in power generation capacity.

Development policy operation of $100m is included in two projects, which will support the government of Tanzania) to address the financial gap in the power sector, especially in TANESCO. Power generation will be expanding using natural gas through public-private partnership, reform sector institutions, and strengthen policy and institutional foundations for maximizing the benefits of natural gas reserves.

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