Tanesco
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| Public utility | |
| Industry | Energy |
| Predecessor | Tanganyika Electric Supply Company Ltd. Dar es Salaam and District Electric Supply Company Ltd |
| Founded | 1964 |
| Headquarters | Dar es Salaam, Tanzania |
|
Area served
|
Tanzania Mainland, Zanzibar |
|
Key people
|
Felchesmi J. Mramba (MD) |
| Products | Electricity |
| Services | Electricity Generation, Electricity transmission, Electricity Distribution |
| Revenue |
 TSh 934 billion (FY 2013)
|
 TSh −468 billion (FY 2013)
|
|
| Total assets |
TSh 3,774 billion (FY 2013)
|
| Total equity |
TSh 751 billion (FY 2013)
|
| Owner | Tanzanian Government (100%) |
| Website | www.tanesco.co.tz |
Tanzania Electric Supply Company Limited (TANESCO) is a Tanzanian parastatal organisation established in 1964. It is wholly owned by the government of Tanzania. The Ministry of Energy and Minerals regulates the operations of TANESCO.
Its business include: electricity generation, electricity transmission, electricity distribution and sale of electricity to the Tanzanian mainland and bulk power supply to the island of Zanzibar.
The company has a workforce of 4,896 persons. Its main offices are located in Dar es Salaam and it operates regional offices throughout Tanzania.
Electricity was first introduced in Tanzania(Tanganyika) in 1908 by the German colonial authorities in Dar-es-salaam. After the British mandate was established a Government electricity department was formed and took over energy generation and transmission in the colony. In 1931 electricity was handed to two private countries, Tanganyika Electric Supply Company Ltd. (Tanesco) and Dar es Salaam and District Electric Supply Company Ltd (Danesco).
Commercial operations for Tanesco began in 1933 with the first diesel generator in the Tanga Region. The first dam was completed in 1936 on the Pangani River. By 1959 the total capacity was 17.5MW and the company had 400 km of supply lines. On 12 February 1948 Tanesco secured the contract to sell surplus power from the hydro dam to Mombasa, Kenya.
At independence (1961) the government acquired some shares from both of the utilities. However, with Tanzania's economic policy shifting towards Ujamaa, by 1975 the government acquired all the shares and merged the two utilities to form a state own utility called the Tanzania Electric Supply Company Ltd. From 1975 the firm responsible for generating, transmitting and distributing power on the mainland. Furthermore, Tanesco is also responsible in selling bulk electricity to Zanzibar based ZECO Electric Company.
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Wikipedia