Multiconsult

Regulatory Filings • Nov 30, 2022

Multiconsult wins new electrification project contract in Tanzania

Multiconsult wins new electrification project contract in Tanzania

Multiconsult (Oslo: MULTI)

Rural Energy Agency (Tanzania) has selected Multiconsult Norge AS with Norplan

Tanzania Ltd (49% owned by Multiconsult ASA) to provide consultancy services and

technical assistance to support the implementation of the National Rural

Electrification Program in Tanzania.

Work will begin during the first quarter of 2023 and is scheduled to be

completed within 24 months. The project is financially supported from the Agence

Française de Développement (AFD), and the total contract value to Multiconsult

is approximately NOK 50.0 million.

The main scope of the National Rural Electrification Program in Tanzania is to

develop and expand the electricity grid connections and thus access to

electricity for households, businesses and public facilities in rural areas of

Tanzania. Multiconsult's assignment is to provide technical assistance services

in the implementation related to design and supervision of works for the various

components and contract lots. The project also includes support for

implementation of hybrid generation systems, combining new solar power with

existing diesel generator units.

For further information, please contact:

Investor relations:

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no / psmj@multiconsult.no

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

E-mail: gaute.christensen@multiconsult.no