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US firm seeks $561m from Tanzania in power supply dispute

Symbion Power is seeking $561-million from Tanzania’s state power supplier Tanesco via international mediation, accusing it of breach of contract, the US firm said on Tuesday. Symbion owns a 120 MW thermal power plant in Tanzania’s commercial capital Dar es Salaam and is one the handful of independent producers that sell power to State-owned utility Tanzania Electric Supply (Tanesco).

Source: www.engineeringnews.co.za
US firm seeks 1m from Tanzania in power supply dispute

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