Stable Power Supply to Spur Malawi’s Economic Growth

Principal Secretary in the Ministry of Natural Resources, Energy and Mining, Patrick Matanda, has said improved infrastructure in the energy sector will provide stable power supply, thereby enhancing the country’s economic growth. Matanda was speaking Thursday at Mzuzu Hotel after Government of the United States of America (USA) handed over Bwengu, Luwinga, Sonda and Chintheche power sub-stations to Malawi Government. He said the Millennium Challenge Corporation (MCC) Compact of USA through Millennium Challenge Account (MCA) – Malawi has seen…

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ESCOM Bemoans Reduced Applied Basic Tariff Increase

Electricity Supply Corporation of Malawi (ESCOM) says Malawi Energy Regulatory Authority (MERA)’s approval of 31.8 per cent increase in base tariff has impacted them negatively. ESCOM Executive Director, Allexon Chiwaya, said this on Tuesday in Blantyre during a press briefing that they had applied for a 60 per cent increase to cater for major projects like the Mozambique-Malawi Interconnector that has had its investment costs deducted while the upgrading of Nanjoka Substation in Salima and the Eastern Transmission backbone…

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