The Electricity Generation Company (Malawi) Limited (EGENCO) has said it is ready to play its role in the implementation of the 350 Megawatts Mpatamanga Hydro Power Project. This was recently said by EGENCO’s Chief Executive Officer, William Liabunya, at an event held by the Ministry of Natural Resources, Energy and Mining in conjunction with the Public Private Partnership Commission to launch the procurement of a strategic sponsor for the proposed Mpatamanga Hydro Power Project.
“We are glad that things have reached this stage as we have been looking forward to the Mpatamanga project for so many years now. I would like to assure the nation that EGENCO has the capacity to take up this challenge and will in no way disappoint both the Government and the co-developers.” Said Liabunya.
He further said the fact that the company is successfully implementing other projects like the construction of the 20 Megawatts Tedzani IV and modernisation and uprating of Tedzani III to add 10 Megawatts gives them confidence that they will be able to deliver and can be trusted.
The Government of Malawi, through its Ministry of Natural Resources, Energy and Mining, is developing a 350 MW hydropower project at Mpatamanga Gorge on the Shire River in southern Malawi. The project will be developed through a Public Private Partnership of which EGENCO will hold a 30% shareholding capacity. The other shareholders will be the World Bank’s International Finance Corporation (30%) and the strategic partner to be identified (40%).