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Tanzania : AFDB releases Sh8.4billion to support Rusumo Falls Hydropower PROJECT
Publish Date : 02-Dec-2013
African Development Bank (AfDB) has released Sh8.4billion to support Rusumo Falls Hydropower Project to increase renewable power generating capacity and access to electricity in Tanzania, Rwanda and Burundi.
The Rusumo Falls project in Rwanda will have an 80 Megawatts hydropower generation plant, transmission lines and substations.
Beneficiaries of the project are the households, industries, Small and Medium Enterprises and businesses in the three Countries who will gain access to cheaper, more reliable and clean electricity.
Construction of the transmission facilities will be concluded by August 2018 and the three countries will share the power generated equally. The project will improve the process of regional integration by the countries developing and managing the joint assets.
"Rusumo Falls is one of many projects financed by the AfDB in response to a crisis in low-energy access rates, limited infrastructure development in the region and regional projects that enhance regional stability through increased cooperation and integration among countries," the AfDB's Director for Energy Alex Rugamba said. "We are looking to leverage Africa's natural assets for universal access to modern, reliable and affordable energy services on the continent," he added.
Rwanda and Tanzania can displace some of the energy generated from high cost imported fuel with cheaper hydropower thereby lessening the current electricity tariff.
In the case of Burundi, the project will offer 50 percent of the current's peak power demand that will allow the country to expand access and other economic activities, and decrease carbon dioxide emissions.
