Wazawa Green Energy Limited

Project Snapshot

A development-finance-grade biomass power project in Tanzania's most underserved energy region

Wazawa Green Energy Limited (WGEL) proposes the development, construction, and long-term operation of a 12.5 MW biomass-based power generation plant in Sumbawanga, Rukwa Region, Tanzania. The facility will harness locally available agricultural residues — including rice husk, maize cobs and stalks, sunflower husk stalks and forestry biomass — to export approximately 72 GWh of green energy per year, supplied to the national grid under a 25-year Power Purchase Agreement (PPA) with TANESCO.

Executive summary

The project is strategically located in Rukwa Region, one of Tanzania's most agriculturally productive regions, producing approximately 1.7 million tons of crops annually. The region generates over 1.87 million tons of agricultural residues per year — far exceeding the plant's annual biomass requirement of 100,000–120,000 tons. This ensures a secure, locally-sourced, and competitively-priced fuel supply for the entire 25-year plant lifecycle.

Rukwa Region is currently being connected to Tanzania's national grid through the 400 kV Tanzania–Zambia (TAZA) Power Transmission Project, with full grid integration expected by February 2027. This milestone dramatically improves the bankability and power evacuation prospects of the plant, transitioning the region from an energy-deficit periphery to a fully-integrated node in the national transmission network.

Total project costUSD 22.0 million

Projected revenue (Y1)USD ~6.8M / year

Break-even~Year 6

Equity IRR~15%

Advancing national strategic objectives

Tanzania's Electricity Supply Industry Reform — enabling private investment in renewable generation
The National Renewable Energy Policy — diversifying Tanzania's generation mix beyond hydropower and gas
The Rural Economic Development Agenda — creating 500+ direct and indirect jobs and new income streams for smallholder farmers
Tanzania's NDC Commitments under the Paris Agreement — displacing diesel generation and reducing open-field biomass burning
Southern African Power Pool (SAPP) Integration — contributing dispatchable renewable energy to regional grid stability

Key parameters

Project Name: Wazawa Green Energy Limited — 12.50 MW Biomass Power Project
Location: Sumbawanga, Rukwa Region, Tanzania
Installed Capacity: 12.50 MW
Sale to TANESCO: 10 MW at the interconnection point of TANESCO sub-station
Technology: Boiler + Steam Turbine (CFBC)
Primary Fuel: Rice husk, maize cobs and stalks, sunflower husk stalks, cotton stalk, forestry residues and coal
Annual Generation: ~72 GWh (at 80% Plant Load Factor)
Annual Biomass Requirement: 100,000 – 120,000 tonnes/year
Plant Design Life: 25 years
Grid Connection: 33 kV / 66 kV interconnection with TANESCO (Sumbawanga 400 kV Substation)
Power Offtake: 25-year PPA with TANESCO or SPP framework tariff
Implementation Period: 18–20 months from financial closure
Employment (Direct): 60 permanent + 200 during construction
Employment (Indirect/Induced): 500+ jobs across supply chain and community
Carbon Credits (projected): ~50,000–60,000 tCO₂e/year
Financing Structure: 25% equity + 75% debt

Why Rukwa

Three factors converge in the southwestern highlands

Rukwa Region represents a convergence of agricultural abundance, transformational grid infrastructure and chronic unmet demand — making it an ideal location for a biomass power project.

Agricultural abundance

Rukwa produces approximately 1.7 million tons of crops annually, generating 1.87 million tons of harvestable biomass residues — more than sufficient for a 12.50 MW plant. Maize alone contributes ~929,000 tons.

Improving grid infrastructure

The 400 kV TAZA transmission line is under construction, with Rukwa's full grid integration scheduled for February 2027 — unlocking power evacuation capacity to the national grid and the Southern African Power Pool.

Unmet energy demand

Despite the Sumbawanga substation's 30 MVA capacity and cross-border Zambian imports, the region suffers chronic power shortages affecting industry, agriculture and households. Only 184 of 339 villages (54%) are electrified.

The game-changer

TAZA 400 kV Transmission Project

The Tanzania–Zambia (TAZA) 400 kV high-voltage transmission project will connect Rukwa to the Tanzania national grid via the Iringa → Mbeya → Rukwa corridor. Once complete, power generated at Sumbawanga can be evacuated to the national grid and SAPP, dramatically improving the bankability and PPA attractiveness of the proposed plant.

Transmission Voltage: 400 kV
Route: Iringa → Mbeya → Rukwa (Sumbawanga)
Purpose: Connect Rukwa to national grid and SAPP
Expected Completion: February 2027
Impact on Biomass IPP: Full power evacuation; PPA with TANESCO becomes bankable
Grid Connection Point: Sumbawanga Substation (33 kV / 66 kV)

Tanzania's generation mix — why firm biomass matters

Installed capacity stood at approximately 4,532.66 MW at the end of 2025, including 67 MW of cross-border imports. The mix remains heavily weighted toward hydropower and natural gas, creating well-documented vulnerabilities. Unlike solar and wind, biomass-fuelled generation is dispatchable — it generates reliably 24 hours a day, 365 days a year, providing firm capacity rather than intermittent output.

Hydropower ~2,720 MW60.05%

Natural Gas ~1,250 MW27.6%

Diesel / HFO ~250 MW5.5%

Other Renewables ~197 MW4.35%

Imports ~67 MW1.48%

Coal 45 MW1.0%

Biomass Resource

17× fuel coverage from three districts within a 70 km radius

The plant's annual biomass requirement of 100,000–120,000 tons represents only 32–65% of the collectable biomass available from Sumbawanga District alone — confirming ample fuel security without competing with food security or existing biomass uses.

District	Admin Centre	Key Crops	Annual Crop Production	Residue Potential	Collectable Biomass
Sumbawanga	Sumbawanga	Maize, Rice, Sunflower, Beans	~560,000 t	~809,000 t/yr	80,000–120,000 t/yr
Nkasi	Namanyere	Maize, Sorghum, Rice, Sunflower	~390,000 t	~608,000 t/yr	60,000–90,000 t/yr
Kalambo	Matai	Maize, Rice, Sorghum, Sunflower	~290,000 t	~455,000 t/yr	45,000–68,000 t/yr
Region Total	—	All major cereals, oilseeds	~1.7 million t	~1.872 million t/yr	185,000–278,000 t/yr

Collectable biomass vs plant requirement ('000 t/yr)

Sumbawanga80–120

Nkasi60–90

Kalambo45–68

Region total185–278

Plant requirement100–120

Collectable estimates use conservative Residue-to-Product Ratios with a 10–15% collection efficiency factor to account for competing uses (soil carbon, livestock fodder, domestic cooking fuel) — consistent with FAO and MNRE Biomass Resource Atlas methodology.

Fuel supply strategy

Long-term farmer cooperative agreements — multi-year supply contracts with registered cooperatives in Sumbawanga and Nkasi districts for rice husk and maize cob supply.
Agro-processing industry offtake — agreements with rice mills, sunflower oil processors and cotton ginning facilities for continuous processing residues.
Biomass aggregation centres — 4–6 decentralised collection and pre-processing centres within a 70 km radius, equipped with chippers, balers and moisture-testing equipment.
Inventory buffer — covered storage maintaining 120–150 days of fuel inventory, insulating operations against seasonal variability.
Price escalation mechanism — CPI-linked annual price adjustment clauses protecting both farmer income and plant economics.

Residue Type	RPR	Primary District	Annual Residue (Sumbawanga)	Calorific Value (kcal/kg)
Maize stalk & cob	1.5	Sumbawanga, Nkasi	525,000 t	3,500–4,000
Rice straw	1.5	Sumbawanga	180,000 t	3,200–3,800
Rice husk	0.2	Sumbawanga, Nkasi	24,000 t	3,400–3,800
Sunflower stalk	2.0	All districts	80,000 t	3,600–4,200
Sorghum straw	1.5	Nkasi, Kalambo	105,000 t	3,300–3,900
Cotton stalk	2.5	Seasonal	Supplementary	3,800–4,500
Forestry residues	Variable	All districts	Supplementary	4,000–5,000

Technology

Circulating Fluidized Bed Combustion — the globally preferred choice for multi-fuel biomass

CFBC offers critical advantages over travelling grate and stoker boilers for the Rukwa Region context: fuel flexibility across moisture, size and calorific value, in-furnace emission control and proven multi-fuel operation at 12.5 MW scale in India, South-East Asia and Europe.

Criterion	CFBC (Selected)	Travelling Grate (Alternative)
Fuel flexibility	High — accepts a wide variety of biomass with varying moisture, size and calorific value	Moderate — requires more uniform fuel
Efficiency	High — 30–35% thermal efficiency	Lower — 25–30%
Emission performance	Excellent — in-furnace SO₂ and NOₓ control	Requires more post-combustion treatment
Mixed fuel operation	Proven multi-fuel capability — can blend different agricultural residues	Limited blending
O&M requirements	Moderate — well-established maintenance protocols	Lower complexity but lower performance
Market maturity	Globally proven at 12.50 MW scale in India, SE Asia, Europe	Proven at small scale

Boiler system

Boiler Type: CFBC — Multi-fuel Biomass Boiler
Steam Output: 50–55 TPH
Operating Pressure: 60–67 bar (g)
Steam Temperature: 470°C – 485°C (Superheated)
Feed Water Temperature: 120°C – 140°C
Thermal Efficiency: >85% (boiler), >30% (overall plant)
Fuel Feed System: Pneumatic / Mechanical — multi-point feeding
Auxiliary Systems: ESP; ID & FD fans; ash handling; economizer; air pre-heater

Steam turbine & generator

Turbine Type: Condensing Steam Turbine with Controlled Extraction
Generator Capacity: 12.50 MW
Frequency: 50 Hz
Voltage: 11 kV (generator terminal)
Speed: 3,000 RPM
Cooling System: Surface condenser with cooling tower / air-cooled condenser
Governor: Electronic speed governor with automatic load control

Balance of plant

Water Treatment: Reverse osmosis and de-mineralisation; 375 m³/day
Cooling Tower: Induced draft, minimising water use through recirculation
Biomass Handling: Covered receiving pit → belt conveyors → magnetic separators → storage silos → fuel feeding
Ash Handling: Pneumatic fly ash conveying to silo; bottom ash chain conveyor → ash yard → utilisation/sale
Electrical Switchyard: 11/66 kV step-up transformer; SF6 breakers; protection relays; SCADA-integrated control
Control Room: DCS with full plant automation, historian and performance monitoring

Financial Analysis

USD 22.0 million, bankable from day one

A 25-year REFiT-backed PPA with TANESCO, a Year-1 DSCR of 1.72 and carbon revenue upside from Year 2 — structured for development finance institutions and blended climate finance.

14–17%Equity IRR

11–13%Project IRR

1.72DSCR — Year 1 (min. 1.25 DFI threshold)

USD 12–16MNPV (10% discount, 25 yrs)

~8–9 yrsSimple payback from COD

~Year 6Break-even (cumulative cash flow)

Project capital cost (CAPEX)

Boiler & Turbine Generator11.00 50%

Balance of Plant4.40 20%

Electrical Systems2.20 10%

Pre-Operative Expenses1.80 7.5%

Transmission & Grid Connection1.50 7.5%

Land & Site Development1.10 5%

Total project costUSD 22.00M

Financing structure

Equity 25%Senior debt 60%Mezz 15%

Equity — Promoters + Strategic Investors: USD 5.50M · WGEL promoter equity + impact investor co-investment
Senior Debt — DFI / Commercial Bank: USD 13.20M · 12–15 year tenor; 8–10% interest; TANESCO PPA as collateral
Subordinate / Mezzanine Debt: USD 3.30M · Climate finance / green bonds; 10-year; blended finance structure

Revenue model & key assumptions

Plant Load Factor: 80% — conservative for biomass (industry standard 75–85%)
Biomass Feed Tariff (REFiT): USD 0.085–0.095/kWh — EWURA published REFiT for biomass (indicative)
Annual PPA Revenue (Y1): ~USD 6.12M — 72.0 GWh × $0.085/kWh
Carbon Credit Revenue: ~USD 0.30M (Y1) → $0.60M (Y5) — ~50,000 tCO₂e × $6–12
Biomass Procurement Cost: ~USD 1.5–2.0M/year — $15–20/ton × 100,000 t
O&M Cost: ~USD 0.8–1.0M/year
Annual Debt Service: ~USD 1.80M/year — $15M at 9% over 14 years

Five-year financial projections (USD million)

Gross revenueEBITDAProfit before tax

6.303.100.50

Year 1

6.403.120.57

Year 2

6.503.150.65

Year 3

6.553.130.68

Year 4

6.633.130.73

Year 5

Item	Year 1	Year 2	Year 3	Year 4	Year 5
Gross Revenue	6.30	6.40	6.50	6.55	6.63
Operating Costs	3.20	3.28	3.35	3.42	3.50
EBITDA	3.10	3.12	3.15	3.13	3.13
Depreciation	0.80	0.80	0.80	0.80	0.80
EBIT	2.30	2.32	2.35	2.33	2.33
Interest / Debt Service	1.80	1.75	1.70	1.65	1.60
Profit Before Tax	0.50	0.57	0.65	0.68	0.73
EBITDA Margin	49.2%	48.8%	48.5%	47.8%	47.2%
DSCR	1.72	1.78	1.85	1.90	1.96
Cumulative Revenue	6.30	12.70	19.20	25.75	32.38

Carbon revenue provides 5–10% additional upside from Year 2 onwards. Projections are indicative and subject to the assumptions set out in the Project Concept Note (June 2026).

Implementation Plan

Commercial operation in 18–20 months from financial closure

Phase 0
Pre-Development Completed
Legal incorporation; site identification; resource assessment; feasibility study; concept note preparation. Company incorporated; concept note ready; site identified.
Phase 1
Development Months 1–6
Land acquisition (25–30 acres); NEMC environmental screening; EWURA licence application; TANESCO PPA term sheet; lender mandates. Land secured; EIA commenced; PPA term sheet signed.
Phase 2
Financial Closure Months 4–8
Full EIA completion; TANESCO PPA signing; DFI loan agreements; equity commitment; EPC contract award. PPA executed; financial close achieved.
Phase 3
Engineering & Procurement Months 6–12
Detailed engineering; boiler and turbine equipment order; long-lead item procurement. Equipment orders placed; civil drawings approved.
Phase 4
Construction Months 8–18
Civil and structural works; equipment installation; electrical works; switchyard construction. Plant physically complete; ready for testing.
Phase 5
Commissioning Months 18–20
Equipment testing; trial runs; synchronisation with grid; performance guarantee tests. Commercial Operation Date (COD) achieved.
Phase 6
Operations Month 20 → Year 25
Full commercial operation; PPA deliveries; O&M; carbon credit registration and verification. Stable 10 MW output; TANESCO billing active.

Agreement	Counterparty	Duration	Key Terms
Power Purchase Agreement (PPA)	TANESCO	25 years	Fixed tariff (REFiT); capacity payment; energy payment; fuel cost pass-through mechanism
Biomass Supply Agreements	Farmer cooperatives, agro-processors, aggregators	5-year renewable	Minimum supply guarantee; indexed pricing; quality specifications
EPC Contract	Qualified biomass power EPC contractor (India/international)	18 months	Fixed price; performance guarantee; liquidated damages for delay
O&M Agreement	Specialist O&M provider (first 3 years)	3 years initial, renewable	Performance-based; availability guarantee ≥85%
Grid Connection Agreement	TANESCO	Life of plant	33/66 kV interconnection; metering; balancing
Water Abstraction Permit	Tanzania Basin Water Board (Rukwa)	Annual, renewable	0.8–1.2 m³/MWh; groundwater borewell; surface water supplementary
Land Lease / Title	Sumbawanga District Council / MLHHSD	25 years + renewal	25–30 acres; freehold or long-term lease; registered title

Environmental & Social Impact

Carbon-neutral generation, 1,000+ jobs and USD 15–20M to farming communities

Biomass power from agricultural residues is classified as carbon-neutral under the UNFCCC accounting framework. When displacing diesel generation and eliminating open-field burning, the project generates significant net environmental benefits.

200Direct — ConstructionSkilled and unskilled labour during 18-month build

60Direct — OperationsEngineers, technicians, operators, admin, security

300Indirect — Supply ChainBiomass aggregation, transport, equipment servicing

450+Induced — CommunityLocal businesses stimulated by worker spending and new services

Environmental benefits

GHG emission reduction~50,000–63,000 tCO₂e/year avoided by displacing diesel generation (~0.9 kgCO₂/kWh)
Elimination of open burningFarmers sell residues instead of burning — eliminates ~30,000–40,000 t of field burning per year
Carbon credits (VCM)~50,000–60,000 CERs/year → USD 0.30–0.60M/year under Gold Standard or Verra VCS
Improved air qualityReduction in PM2.5, PM10, NOₓ and SOₓ in the Sumbawanga area
Ash utilisationSoil conditioner, fertiliser supplement or brick raw material — zero solid waste to landfill
Land degradation preventionPreservation of topsoil in the agricultural catchment

Social & economic impact

Farmer incomeUSD 150–200/tonne × 100,000 t = USD 15–20M over 25 years for the farming community
Rural electrificationImproved grid stability supporting 184 electrified villages and 125 additional planned — ~1+ million people benefit
Skills development50–80 workers trained as biomass handlers, boiler operators and electrical technicians in the first 2 years
Tax revenueEstimated USD 0.5–1.0M/year to government in corporate tax, VAT, duties and land rates

Environmental compliance

NEMC: Full EIA per Environmental Management Act (2004); ESIA per NEMC guidelines
Air: Electrostatic precipitator — particulates <50 mg/Nm³ (NEMC & IFC Performance Standards)
Noise: Acoustic enclosures; green belt buffer; <55 dB at boundary
Water: Zero liquid discharge; recycling; no untreated effluent
Green belt: 10-metre planted buffer with indigenous species

Carbon Trading & Climate Finance

57,000–62,000 tCO₂e of verified reductions every year

By displacing diesel-based electricity and eliminating open-field agricultural burning, the project is eligible to generate Verified Carbon Units under the Voluntary Carbon Market — or Certified Emission Reductions under a bilateral Article 6 mechanism of the Paris Agreement.

Annual generation: 72.0 GWh
Grid emission factor (Tanzania): ~0.71 kgCO₂/kWh
Diesel displacement emission factor: ~0.90 kgCO₂/kWh
Gross emission reduction (grid scenario): ~49,757 tCO₂e/year
Elimination of field burning: ~8,000–12,000 tCO₂e/year
Total carbon credit potential: ~57,000–62,000 tCO₂e/year
Annual carbon revenue (conservative): ~USD 342,000–620,000/year
Lifetime carbon revenue (25 years): ~USD 8.5M–15.5M undiscounted

Gold Standard for Global Goals

Premium voluntary standard; highest price premiums ($15–25/tCO₂e); preferred by Swiss and European buyers. WGEL promoters have prior Gold Standard CDM project experience (Raus Power Limited, India).

Verra Verified Carbon Standard

Most liquid VCM standard; large buyer base; appropriate for biomass energy projects; typically $6–12/tCO₂e.

Paris Agreement Article 6.2

Government-to-government carbon trading — Tanzania is actively developing bilateral agreements with Switzerland, Sweden and Japan. Potentially the highest-value pathway.

CDM legacy / transition

If grid-connected post-2027, CDM methodology ACM0006 or AMS-I.D is applicable.

Risk Assessment & Mitigation

Every material risk mapped to a structured mitigation

Fuel Supply

P: Low–Med · I: Low

Shortage of biomass in dry season or supply chain failure

Diversified procurement from 3+ districts; 120–150 day fuel buffer; multi-crop fuel mix; long-term cooperative contracts

Offtake / Revenue

P: Low · I: High

TANESCO payment delays or PPA renegotiation

PPA with government guarantee or escrow mechanism; DFI lender support; EWURA regulatory protection

Grid Evacuation

P: Med · I: High

Delay in TAZA 400 kV line completion beyond 2027

Commissioning timed to grid completion; interim offtake to local industrial buyers; TANESCO direct interconnection agreement

Construction Delay

P: Med · I: Med

EPC contractor delay; equipment shipping; permitting obstacles

Fixed-price EPC with LD clauses; equipment pre-ordered at financial close; parallel permitting track

Fuel Price Escalation

P: Low–Med · I: Med

Biomass procurement costs above projections

CPI-indexed supply contracts; fuel cost pass-through in PPA; own aggregation centres reduce intermediary costs

Technology Performance

P: Low · I: Med

Boiler performance below design; lower efficiency

Proven CFBC technology from experienced manufacturer; OEM performance guarantee; O&M specialist for first 3 years

Regulatory Change

P: Low · I: High

Changes in tariff, tax or renewable energy policy

Stabilisation agreement with TANESCO/Government; DFI lender protection; international arbitration clause in PPA

Foreign Exchange

P: Med · I: Med

USD/TZS volatility on debt service

Revenue denominated in USD (REFiT); USD-denominated debt; natural hedge

Water Supply

P: Low–Med · I: Med

Seasonal water shortage affecting boiler operations

Borewell as primary source; 7-day storage reservoir; dry-season supply plan; water recycling

Social Acceptance

P: Low · I: Med

Community resistance to land acquisition or development

Community consultation from outset; transparent compensation; benefit sharing — employment priority, local procurement

Statutory approvals & licences

Approval / Licence	Issuing Authority	Timeline	Status
Environmental & Social Impact Assessment (ESIA)	National Environment Management Council (NEMC)	3–4 months	To be initiated at Phase 1
Generation Licence	Energy and Water Utilities Regulatory Authority (EWURA)	3–4 months	To be applied
Power Purchase Agreement (PPA)	TANESCO	4–8 months	Term sheet negotiations to commence
Grid Connection Agreement	TANESCO — Grid Department	Concurrent with PPA	To be applied
Land Allocation / Right of Occupancy	MLHHSD / Sumbawanga DC	3–4 months	Site identification completed
Water Abstraction Permit	Rufiji Basin Water Board (jurisdiction TBC)	2–3 months	To be applied after site confirmation
Building Permit	Sumbawanga District Council	1–2 months	To be applied at detailed design
Import Duty Exemptions (equipment)	Tanzania Revenue Authority (TRA)	2–3 months	Applicable under Renewable Energy Incentives
Carbon Project Validation	Gold Standard / Verra (VCS)	6–12 months (post-COD)	To be initiated at commissioning

Company & Leadership

A multi-disciplinary team with four decades in power sector development

Wazawa Green Energy Limited is a purpose-built renewable energy development company incorporated in Tanzania as a Special Purpose Vehicle for this project — bringing together engineers, finance professionals, legal experts and technology specialists with experience spanning India, Africa and international markets.

IMK

I. Murali Krishna

Technical Director & Lead Promoter · Managing Director

Mechanical Engineer (Kakatiya University) with over 40 years of distinguished experience in biomass, waste-to-energy and thermal power generation.

Raus Power Limited — Executive Director; commissioned a 4 MW poultry-litter power plant, India's first Gold Standard CDM project; CERs purchased by the Swiss Government for 5 years
Gowthami Bio-Energies — executed 6 MW biomass power project in continuous commercial operation since 2006
Virupa Power & M G Power — executed 100 MW (2×50 MW) thermal plant; spearheaded 200 MW project with a USD 250M investment framework
Vensa Biotek — 16 years as Technical Director; 4 MW industrial cogeneration; 8,000 m³/day UASB bio-methanation plant

SL

Shivkumar Lakshman

EPC & Solar Energy Director

B.Com, MBA · 35 years of multi-country experience in renewable energy, with specialist expertise in Engineering, Procurement and Construction for solar installations.

Vice President, Vardaan Resources Pvt. Ltd. — renewable energy solutions
12 years with RenewSys India in senior leadership roles
Delivered 200+ MW across 10+ solar EPC projects from 500 kW to 60 MW — on time, on budget

DJP

Dunstan Joseph Pharles

Technology & Digital Infrastructure Director

Masters in IT/Telecom & Business Administration (Punjab Technical University); B.Sc. IT; PG Diploma in Cyber Law. 16 years in telecommunications, project management and technology operations.

Telecom Engineer & Managed Services Project Manager, Vodacom PLC (Huawei MS Project), 2025–present
NOKIA Managed Services Project Manager, Vodacom PLC, 2019–2024
Adjunct Lecturer — Dar es Salaam Institute of Technology & NIT; Operations Manager, UhuruOne; Technical Trainer, COSTECH

EMM

Eric Mora Magige

Legal Counsel & Corporate Affairs Director

Advocate of the High Court of Tanzania · Managing Partner, Mora Associates, Dar es Salaam. Over 15 years in private and corporate law — investment, international contracts, energy sector regulatory compliance and land procurement.

Managing Partner, Mora Associates (2018–present) — clients include African Trade Insurance Agency
Partner/Associate, South Law Chambers (2012–2018) — public interest litigation and high-profile commercial cases
PG Diploma in Legal Practice (Law School of Tanzania); LL.B and B.A. BL (Osmania University)

SK

Sravya Kota

Technology Innovation & Strategic Development Director

B.S. Computer Science Engineering — University of California, Davis. Brings Silicon Valley innovation capabilities, global strategic vision and technology-enabled business model expertise to the East African energy sector.

Tech-enabled business models prioritising human impact alongside technical efficiency
Digital project management, data analytics for energy operations, community-centred design
Access to U.S. climate finance networks, impact investment communities and international carbon market expertise

Special Purpose Vehicle — Renewable Energy Developer

Registration: Tanzania — Private Limited Company
Registered Office: Dar es Salaam, Tanzania
Primary Objective: Development, construction and operation of the 12.50 MW biomass power plant at Sumbawanga
Secondary Objectives: Solar power projects; sustainable biomass supply chain development; rural energy access
Key Strengths: Biomass power execution; international CDM track record; EPC expertise; legal & regulatory expertise; technology & digital capabilities

Investment Proposition

Why invest in Wazawa Green Energy

A high-conviction, development-finance-grade renewable energy investment in Tanzania's most underserved energy region — with abundant fuel resources, transformational grid infrastructure arriving in 2027, and a promoter team with 40+ years of proven biomass power execution experience.

Financial ReturnsIRR 14–17% (equity); DSCR 1.72+ in Year 1; NPV $12–16M over 25 years

Fuel Security1.87 million tonnes/year regional biomass availability vs 105,000 t requirement — 17× coverage

Offtake Security25-year PPA with TANESCO; government-backed; EWURA regulated tariff

Grid InfrastructureTAZA 400 kV line completing Q1 2027 — Rukwa fully grid-integrated

Climate Impact~57,000–62,000 tCO₂e/year avoided; Gold Standard carbon credits available

Social Impact560+ direct jobs; 200+ construction jobs; farmer income from biomass sales; rural electrification

Promoter Track Record40+ years biomass power experience; India's first Gold Standard CDM project; 200+ MW solar EPC delivered

Policy AlignmentFully aligned with Tanzania NREP, NDC, TANESCO IPP framework, EWURA REFiT

Technology RiskZero — proven CFBC technology; 25+ years global operational history at this scale

Environmental ComplianceFull ESIA; NEMC compliant; IFC Performance Standards; net carbon negative

Engage toward financial closure

Wazawa Green Energy Limited invites interested investors, development finance institutions, commercial lenders and strategic partners to engage in detailed discussions toward financial closure. Full financial models, environmental studies, site assessments and technical documentation are available upon execution of a Non-Disclosure Agreement (NDA).

Request the full data room

I. Murali KrishnaManaging Director · India / Tanzania

Eric Mora MagigeCorporate Affairs & Legal Director · Mora Associates, Dar es Salaam

Registered Office2nd Floor, TANCOT House, Sokoine Drive / Pamba Road, P. O. Box 4179, Dar es Salaam, Tanzania

Phone+255 787 359 200

Emailmorxconsult1st@gmail.com

This website summarises the Project Concept Note prepared by Wazawa Green Energy Limited (June 2026) for information purposes only. Financial projections, biomass estimates, carbon credit calculations and timelines are based on reasonable assumptions and publicly available data at the time of preparation and are subject to change. This does not constitute an offer to sell, or the solicitation of an offer to purchase, any securities. Prospective investors and lenders should conduct their own due diligence and seek independent professional advice. Wazawa Green Energy Limited makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein.

Powering for a Sustainable Tomorrow