World Bank Group, Norwegian facilities for Tanzania GTP and access



Issue 253 - 03 May 2013 | 2 minute read

The World Bank Group (WBG) has approved $121.46m of energy sector financing to help Tanzania make best use of its newly discovered gas reserves, while Norway has agreed to fund rural electrification. The WBG has approved a $100m Power and Gas Sector Development Policy Operation, described as the first in a series of three. The funding will help the government to address the financial gap in the power sector, especially in Tanzania Electricity Supply Company (Tanesco), as well as to expand power generation from gas, reform the sector’s institutions, and strengthen policy and institutional foundations for maximizing the benefits of natural gas reserves.

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