Hopes of a sea change in Tanzania as government returns to talks
Issue 376 - 14 Sep 2018
Talks are under way between the Tanzanian government and Symbion Power to settle a dispute that erupted in 2016 after the government claimed a 15-year power purchase agreement (PPA) signed in December 2015 for Symbion’s 112MW Ubungo gas power plant was not valid. The first meeting between government representatives and Symbion Power Tanzania Ltd chief executive Magesvaran Subramaniam took place in August. Symbion Power LLC chief executive Paul Hinks and his lawyer Cherie Blair are expected to fly to Dar es Salaam in October for high-level meetings.
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