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    Reuters: Tanzania Power Firm TANESCO Says Aims to Clear Arrears by End-2016

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Summary

Tanzania's state-owned electricity company, TANESCO, says it will switch to gas-fired plants from oil to cut costs and to end its reliance on imported oil

by: Erica Mills

Posted in:

Press Notes, Africa

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Reuters: Tanzania Power Firm TANESCO Says Aims to Clear Arrears by End-2016

Tanzania's state power supplier TANESCO said on Wednesday it expects to clear arrears to suppliers worth about $250 million by the end of 2016, helped by cutting reliance on imported oil and switching to cheaper, domestic gas-fired plants.

Read the full article HERE.

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