The transmission operator Tanesco has requested the World Bank to provide funding for transactional advisors to the project.
Once those advisors are in place, Wind East Africa (Wind EA) will negotiate the power purchase agreement. All being well, they hope to sign the PPA and reach financial close for the first 50MW-phase by the end of 2012.
Tanzania has no industrial-scale turbines operating to date. When completed, the 100MW wind farm will be equal to around 7% of the country's current installed generation capacity, according to Wind EA.