Who We Are
Electricity Generation Company (Malawi) Limited (EGENCO) is a limited liability company incorporated under the Companies Act (Cap. 46:03) of the Laws of Malawi on 7th September 2016. The company was established with the mandate of generating electricity in Malawi. The Company was formed following the unbundling of the Electricity Supply Corporation of Malawi (ESCOM) Limited into two separate institutions; one for generating electricity (thus EGENCO) and another one for transmission and distribution (thus ESCOM).
EGENCO started its operations as a separate and independent company on January 1, 2017. Currently, EGENCO operates four hydro power stations namely: Nkula, Tedzani, Kapichira and Wovwe. The Company also operates thermal power plants in Lilongwe, Mzuzu and Mapanga, Blantyre. Overall, EGENCO has a total installed generation capacity of 441.95MW, with 390.55MW from hydro power plants and 51.4MW from standby diesel power plants.
Operating Principles: Our overarching operating principle shall be “Generating Power for Generations” our motto. Furthermore, we believe in the following
|Professionalism||We believe in being reliable, competent, punctual and organized – and will hold ourselves and others accountable in our actions resulting in a respected, prosperous entity.|
|Integrity||We believe that being honest and principle-centered, and maintaining personal accountability builds trust; which are pillars of investor and consumer confidence.|
|Team work||While acknowledging individual talents and capabilities, we achieve more as a team. We build strong teams with a shared purpose moderated by our behavioral standards.|
|Innovation||We believe that innovation is the key to growing our business. We will explore and nurture ideas capable of improving our ability to generate safe, reliable, affordable and sustainable energy.|
|Safety and quality conscious||We value the safety and health of our employees and the community in which we operate. We also treasure high industrial quality performance. We promote healthy living and create an accident and incident free work environment where excellence prevails at all levels.|
|Equal opportunity||We believe in celebrating diversity. It serves as a driver of Innovation and all people, and their views, are treated with dignity and respect regardless of gender, ethnicity, culture differences, or any other artificial barriers.|
|Customer and stakeholder-centeredness||We believe in operational excellence and performance that delivers exceptional economic and social values to our customers, investors and other stakeholders.|