Tanesco vs IPTL: The saga continues

IPTL pix

The IPTL power generation plant in Tegeta, Dar es Salaam.  PHOTO | FILE

Dar es Salaam. The Controller and Auditor General (CAG), Charles Kichere, has disclosed that the Tanzania Electric Supply Company (Tanesco) is facing a significant claim from Independent Power Tanzania Limited (IPTL), amounting to Sh238.7 billion.

This debt includes Sh111.48 billion in principal along with 127.2 billion shillings in interest as part of an ongoing financial dispute.