New Geothermal Firm Established (AllAfrica)
Blessed with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the Tanzanian government has formed a company to steer the country into effectively and beneficially tapping it.
Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanzania Geothermal Development Company started operations in July this year, according to the Energy and Minerals Minister, Professor Sospeter Muhongo.
"We have huge potential in geothermal since Tanzania has the largest share of the East Africa's Rift Valley system. I should admit that we have delayed to make use of this opportunity," Prof Muhongo has told the 'Daily News' in an interview.
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