Kibo expresses interest in power supply to Tanesco

Dar es Salaam. Kibo Energy Company has expressed its interest to tender for the supply of power to Tanzania Electric Supply Company (Tanesco) through its Mbeya Coal-to-Power Project.

The company said in a statement issued mid-this week that it is currently assessing an opportunity to further participate in the development of energy sector in Tanzania.

This comes after Tanesco announced that it was seeking for superior coal technology and integrated gasification combined cycle power plants, as part of the development of independent power projects in Tanzania.

“Kibo intends to review the invitation for qualification and work with its advisers; its Tanzanian stakeholders, including government officials; and its international partnership network, to assess the potential impact of this opportunity to tender on the company’s development plans for the Mbeya coal-to-power project (MCPP),” the company said in a statement.

However, the firm will also seek clarification on whether the tender process announced will have any impact on its ongoing power purchase agreement negotiations with Tanesco in respect of the MCPP.

The special mining licence application for the Mbeya coal mine has already been submitted to the Mining Commission for final decision.

Last month, the company received provisional approval from the Lake Rukwa Water Basin Board for water permits for the MCPP.

Permanent water permits issued following completion of the construction and implementation of all necessary water infrastructure that will be required to meet the water needs of the power plant and coal mine.

Additionally, the company has also completed the process of additional submissions related to the local content plan and integrity plan to the commission.