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thecitizen.co.tz·3 min read·medium

Govt allocates Sh25 billion for geothermal drilling projects

R
Rosemary Mirondo
Govt allocates Sh25 billion for geothermal drilling projects
AI Summary

The Tanzanian government has allocated Sh25 billion to the Tanzania Geothermal Development Company to advance geothermal drilling projects. The funding supports resource confirmation and drilling at the Ngozi and Kiejo-Mbaka sites to help reach a national target of 130MW of geothermal power by 2030.

Why it matters

This investment is a critical step in Tanzania's strategy to diversify its energy mix and reduce reliance on traditional power sources to meet growing electricity demand.

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Dar es Salaam. The government has allocated Sh25 billion to the Tanzania Geothermal Development Company (TGDC) in the current financial year to support geothermal drilling projects and resource confirmation activities as the country intensifies efforts to diversify its energy sources.

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businessenvironment
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article provides a straightforward report on government funding and project status without emotive language or political spin.

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