By bno – Mumbai Office Sri Lanka’s LTL Holdings is expanding its footprint into Africa’s power generation sector, with plans to explore independent power producer (IPP) opportunities, according to a Daily Mirror report on September 5. As part of this strategy, the company is setting up a $2.2mn distribution transformer assembly plant in Tanzania. “We are establishing a transformer assembly plant in Tanzania to serve this region, and the next step will be to move into power generation,” said Mohamed Jalaldeen Mohamed Nuhuman Marikkar, LTL Holdings’ chief executive officer and executive director…