Tanesco makes record Sh110 billion profit

Tanzania Electric Supply Company Limited (Tanesco) mnaging director Maharage Chande adresses a working session involving the Treasury registrar, the firm's management in Dar es Salaam on July 27, 2023. PHOTO | SUNDAY GEORGE

Dar es Salaam. Tanzania Electric Supply Company Limited (Tanesco) has finally become a profitable entity, thanks to transformational initiatives undertaken by the government and the company itself.

The company registered a record Sh109.45 billion profit during the 2021/22 financial year, managing director Maharage Chande said yesterday.