Tanzania Geothermal Development Company Limited (TGDC) is a subsidiary company of Tanzania Electric Supply Company Limited (TANESCO); 100% owned by the government of Tanzania, incorporated in December 2013 for the purpose of spearheading the development of geothermal resources in Tanzania. It commenced its business in July 2014 with the mandate, amongst others, to explore, drill and harness geothermal resources for power generation and direct applications. Tanzania has, for several periods, been faced with inadequate power generation due to several reasons. The Government has taken various remedial actions to avert load shedding, some of which are not only costly but also have an adverse effect on the environment. To avoid these recurrences, the Government decided to DIVERSIFY generation sources to include GEOTHERMAL and other renewable energies such as solar and wind.
