Tanzania: Minister says Nyerere hydro on track despite funding concerns
Issue 413
- 17 Apr 2020
| 4 minute read
Energy minister Medard Kalemani has said the first phase of the 2,115MW Julius Nyerere hydropower project at Stiegler’s Gorge is more than 70% complete. Speaking after visiting the project site on 5 April to counter reports that the project had stalled due to a shortage of funds, he said the Treasury had paid more than $700m towards the project, which has an estimated total cost of $3bn.“We are on schedule for the first phase, which is due to be completed next year,” he said.
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