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Monday, August 13, 2018

Malawi News Agency Online - Malawi and Zambia sign power supply pact

Malawi News Agency Online - Malawi and Zambia sign power supply pact: Lilongwe, August 10, 2018: Electricity Supply Corporation of Malawi (ESCOM) and Zambia Electricity Supply Corporation (ZESCO) on Wednesday this week signed a power supply agreement which will see Malawi import 20 megawatts (MW) of electricity from Zambia by the end of September, 2018.�

It is largely believed that the signed power supply agreement will boost chances of foreign investors to come and invest in Malawi besides the development reducing hours of power interruption amongst the citizens.

Minister of Natural Resources, Energy and Mining, Aggrey Masi, witnessed the signing ceremony on August 8 (2018) in Lusaka, Zambia between the two power supply institutions.

Briefing the media in Lilongwe on Thursday on his arrival from Zambia, Masi described the power supply agreement as a historical achievement.
“The signed power agreement is a landmark achievement. With these 20 megawatts, we will be greatly assisted,” he said.

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