Tanzania seeks transaction advisors for power plant

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Tanzania seeks transaction advisors for power plant

The Government of the United Republic of Tanzania, through the Tanzania Electric Supply Company Limited (TANESCO), has launched a tender process for consultancy services for technical, legal and financial transactions for 200-300MW combined cycle gas power plant at Mkuranga.

The Government plans to apply part of the proceeds received from the World Bank and a grant from the Canadian Department of Foreign Affairs, Trade and Development to pay for the service.

The consulting services include, among others, the following tasks: structuring the Project for private investment (developing PPP options, project structuring and risk allocation, financial modeling, market sounding, etc.), structuring the bidding process of selecting private sector developer, implementing the transaction and financial closure of the Project.

The shortlisting criteria are: experience in similar assignments, experience in similar conditions, and availability of appropriate skills among staff.

Expressio of interest (EOI) must be delivered to TANESCO before 14.30 hours local time on March 12, 2014.

TANESCO plans to raise the number of Tanzanians who can get electricity to 30 per cent by end of next year and to 75 per cent by 2025. Long spells of drought, coupled with irregular rainfall patterns experienced in Tanzania today have affected hydro power production, forcing TANESCO to turn to an alternative power generation sources. Power production is now being complemented by other sources particularly diesel fuel and natural gas.

Tender notice: http://umemeforum.blogspot.com.es/2014/02/request-for-expression-of-interest.html

List of country news

Country news

  • April 09, 2014

    Tanzania launches two new port tenders

    The Tanzania Port Authority (TPA) has issued two port tender processes for the construction of new projects. Read more
  • May 01, 2014

    World Bank approves $300m for Tanzania rail corridor

    The World Bank's Board of Executive Directors last week approved US$300 million in funds from the International Development Association (IDA) to support the Government of Tanzania's effort to create a reliable open access railway infrastructure on the Dar es Saalam-Isaka section of the East African Central Corridor and to strengthen the countries rail agencies' ability to manage the infrastructure, the traffic operations, and the network regulation. Read more
  • September 03, 2014

    Tanzania seeks advisor to upgrade rail line through PPP project

    The government of Tanzania is seeking an advisor for the upgrade of the 970km metre-gauge railway line linking Dar es Salaam with Dodoma, Tabora and Isaka. Read more
  • September 10, 2014

    Tanzania seeks port developers for container terminal at Dar Es Salaam port

    Tanzania Ports Authority (TPA) has launched a request for expressions of interest (RFEOI) to develop a new container terminal at Dar ES Salaam port through a PPP project. Read more
  • November 25, 2014

    Tanzania presents PPP bill to Parliament

    The government of Tanzania presented the public private partnership (PPP) Amendment Bill, 2014 to the parliament last week. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.