Mera hits at IPPs - The Nation Online: Malawi Energy Regulatory Authority (Mera) has threatened to revoke licences for independent power producers (IPPs) who fail to roll out during their specified period, saying the delay may affect further investments in the energy sector.
Mera chief executive officer Collins Magalasi said in an interview that failing to roll out in time could either prolong reliance on diesel-powered electricity or affect government policy of getting rid of blackouts by 2020.
“Aggreko generators were given two years after which they were supposed to pack and go so that we can accommodate IPPs by January 2021. This means that prices of electricity could go down as well but IPPs are yet to roll out despite signing power purchase agreements [PPAs].
Mera chief executive officer Collins Magalasi said in an interview that failing to roll out in time could either prolong reliance on diesel-powered electricity or affect government policy of getting rid of blackouts by 2020.
“Aggreko generators were given two years after which they were supposed to pack and go so that we can accommodate IPPs by January 2021. This means that prices of electricity could go down as well but IPPs are yet to roll out despite signing power purchase agreements [PPAs].
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