Symbion Rental Ubungo Power Plant
Sector: Power Generation (CCGT) • Location: Tanzania
Source: World Bank Group
Symbion Power LLC, a US-based power and engineering firm, bought the idle Dowans facility (project ID#4454, 3-years idle) for an estimated $120 million in May 2011. It immediately proceeded to activating the gas-fired facility of 120MW, and managed to bring it to operation by June 2011.
Symbion Power was to conclude a new power-purchasing agreement with Tanesco, the Tanzanian parastatal. The rat
- Status
- Prospective
- Sector
- Power Generation (CCGT), Government
- Location
- Tanzania
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Symbion Power LLC, a US-based power and engineering firm, bought the idle Dowans facility (project ID#4454, 3-years idle) for an estimated $120 million in May 2011. It immediately proceeded to activating the gas-fired facility of 120MW, and managed to bring it to operation by June 2011. Symbion Power was to conclude a new power-purchasing agreement with Tanesco, the Tanzanian parastatal. The rates are $4.99 per hour. The power-purchasing agreement contracted Symbion to supply 125MW of electricity using both gas and Jet-1 fuel. N.B. Symbion Power took over the facilities of Dowans Tanzania Ltd. As such, it is not a greenfield, but because this facility was lying idle for three years, it was opted to classify it as a (new) rental regardless (hence a greenfield). Symbion Power did conclude a new PPA as well. Add Symbion Power to sponsors. $120 million to buy the plant, yet acc. to rental formula, payment of $9.5 million payment/year. |
Original sector | Energy |
Budget |
Location
Country | Tanzania |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2024-09-20 |
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