Minister of Natural Resources, Energy and Mining Bright Msaka has disclosed that President Peter Mutharika has signed into law a bill that seeks to unbundle Escom and a new power generating cmpany has been set up.
Msaka said this on Wednesday amid calls for efficiency at Escom following persistent power blackouts. Msaka said the government has since registered and set up a new company born out of Escom whose responsibility would be to generate power and sell to Escom which will now be responsible for supply and distribution to cients.
“The new company, Enginco will be independent of Escom and will take over Nkula, Tedzani, Kapichiri and other small hydro power stations,” Msaka said.
He backed Escom for the current state of electricity, saying this was due to low water levels in Shire due to erratic rains.
Msaka said things would be improve in two years time when the private sector will now be able to supply solar, wind and hydro power through the Escom grid.