TANESCO Launches TIMS Platform to Attract Investment and Enhance Transparency in Energy Sector

The Tanzania Electric Supply Company Limited (TANESCO) has launched the TANESCO Investment Management System (TIMS), a digital platform designed to enhance transparency, efficiency, and investor engagement in the energy sector.

TIMS was developed to serve as a centralised hub for all investment-related data across strategic energy projects, accessible globally by both internal TANESCO teams and external stakeholders.

The system is part of TANESCO’s broader strategy to modernise project implementation, improve communication with investors, and support the government’s objective of expanding access to reliable electricity while increasing private sector participation.

Speaking at the launch, Deputy Minister for Energy, Hon. Judith Kapinga, described the platform as a crucial step in advancing the energy sector through digital innovation.

She commended TANESCO’s management for the initiative, noting that the system will support project implementation under institutions like UNESCO, while showcasing the creativity and capacity of public sector staff.

She added that TIMS will improve efficiency, increase transparency, and attract more investment into the sector.

TANESCO Board representative Isaac Ambrose Chanji said the system aligns with the board’s strategic oversight responsibilities and digital transformation goals.

He noted that TIMS will provide accessible and reliable data for investors, promote integrity, enhance service delivery, and enable measurable tracking of TANESCO’s performance.

He added that the system will help deter improper conduct by increasing visibility and accountability within the institution.

TANESCO’s Managing Director, Lazarus Twange, explained that TIMS is secure, easy to use, and globally accessible.

He stated that the platform will enable investors from around the world to obtain real-time information on energy investment opportunities in Tanzania, supporting timely decision-making and stronger partnerships.

Twange said the system is part of TANESCO’s long-term strategy to position Tanzania as a regional and international energy hub.

He added that TIMS contributes directly to the government’s M300 objectives, which prioritise private sector engagement.

TANESCO Deputy Director of Planning, Research and Investment, Renata Ndege, described TIMS as a transformative tool that will redefine how the utility interacts with investors.

She noted that by digitising and centralising project data, the system addresses inefficiencies in public sector project implementation, reduces bureaucracy, and enables faster collaboration and project delivery.

Ndege emphasized that TIMS is expected to play a critical role in unlocking Tanzania’s energy investment potential.