Thursday Nov 27, 2014
| Text Size
[-]
[+]
Search IPPmedia

Possible tax exemption for alternative energy

7th June 2012
Print
Comments

``Government is working on the possibilities of exempting tax on geothermal and alternative energy equipment``, the Project Coordinator for bio-fuel production in the ministry of Minerals and Energy, Paul Kiwele said yesterday.

Explaining the consideration, he said, “…the elimination of tax on equipment will attract many companies to invest in the industry creating the availability of reliable and progressive energy.”

Kiwele was speaking in Dar es Salaam during a two day workshop organized by the Tanzania Renewable Energy Association. He pledged that the government, “…will continue to communicate with TRA on tax charged on solar equipments as these constitute alternative energy equipment to be exempted from taxes.”

He noted the government’s basic strategy in alternative energy production is to help both rural and urban dwellers, as individuals as well as co-operations and to be part of the solution in the Global strive for sustainable and renewable energy. That effort aims also at encourage Tanzanians to adopt environmentally conscious conducts commonly referred to as, Green living.

The project coordinator, called upon all stakeholders in the production of biogas energy, to corporate with the government against the prevention of fake products and equipment from entering the country.

Stressing the importance of clean energy, the Chief Executive Officer of Sim Gas, Mirik Castro, underscored that, the usage of biogas provides alternative energy production, improved fertilizer and an overall healthy environment.

He compared biogas to other sources of energy like charcoal, saying the latter was unsustainable, cumbersome and unhealthy to the user as well as the environment.

Castro summed up the big picture as, “…the world is striving for a greener planet, all biogas products are environmental friendly and it is only right that they are encouraged.”

SOURCE: THE GUARDIAN
0 Comments | Be the first to comment