Egenco in K40bn expansion programme deal with Mitsubish
Power generation company, Egenco has said a K40 billion expansion program deal with a Japanese firm, Mitsubish to add 18 megawatts on the Malawi power grid.
Egenco chief executive officer William Liabunya said the two companies made the agreement in 2015 only that the expansion program was delayed because it was awaiting the government to pump in K3.6 billion as per the agreement.
“The government of Japan was ready but the money from the government of Malawi delayed the rolling of the project,” he said.
He said the expansion program would be done at Tedzani which produces 350 megawatts against a demand of 400 megawatts.
In addition, Liabunya said, Egeco commissioned diesel generated gen sets which produces 10 megawatts which is as added on the grid.
K40bn just for 18MW? We are not serious with development, why not constructing a coal powered plant to generate more power? We need to focus on future demands osangoti kakaka thinking of hydro power generation. We have coal deposits as well as neighbouring countries where we can export good quality coal from, like, Mozambique (moatize). For how long are we going to rely on hydro power with these weather patterns being experienced? We had good rains last rain season but still we are experiencing heavy load shedding. We need to venture into other sources of power generation than hearing of… Read more »
Is 40 billion too much to you. Have you considered that the Japanese govt is assisting by meeting the largerpotion of the cost? Dont you think hydropower is more environmental friendly than the suggested coal powered plants?? #justquestionscomingtomymind😕😕