Taifa Gas, a Tanzanian liquefied petroleum gas (LPG) company, is planning to establish a $100 million power plant in Zambia through a joint venture with local firm Delta Marimba. The energy plant, to be located in northern Zambia, is expected to begin production 24 months after receiving regulatory approvals, including the necessary Environmental Impact Assessment.
Taifa Gas aims to explore additional opportunities in the LPG sector, particularly in cooking gas. Once operational, the LPG power plant is projected to contribute 100 megawatts to the Zambian national grid. The decision to invest in Zambia is driven by the favorable investment climate and policies established by Tanzanian President Samia Suluhu Hassan and Zambian President Hakainde Hichilema.
The partnership between Taifa Gas and Delta Marimba is seen as a significant development for the neighboring countries. With Zambia’s current energy demand slightly surpassing 3,000 megawatts and expectations of increased demand from the consumer and mining sectors due to plans to boost copper production, the power plant will play a crucial role in meeting the country’s growing energy needs.
Zambia also has the potential to export energy to the Democratic Republic of Congo and Zimbabwe, which face energy deficits.
