This is a 350MW hydro power project that will be constructed at Mpatamanga Gorge, along the Shire River, in southern Malawi.
The project is being developed through a Public Private Partnership Model of which EGENCO will hold a 30% shareholding capacity on behalf of the Government of Malawi. The other shareholders will be the World Bank’s International Finance Corporation (30%) and a strategic partner to be identified (40%).
A comprehensive World Bank-financed feasibility study for the project was completed in 2018. Currently, the Malawi Public Private Partnership Commission (PPPC) is in the process of procuring a key strategic strategic sponsor.
Once commissioned, Mpatamanga will double Malawi’s power generation capacity.
The project is expected to start by end 2021 and would take about five years to complete.