On Tuesday, Malawi’s electricity generation company EGENCO, signed a multimillion deal with Japan’s Mitsubishi Corporation for an expansion project.
Malawi24 reported that the project will include the expansion of the Tedzani hydropower station.
According to media, the project has received $52 million grant from the Japanese Government through Japan International Cooperation Agency aimed at improving the country’s electricity generation capacity.
Speaking at the ceremony was EGENCO chief executive officer William Liabunya, who said this project will increase the country’s generation capacity. Read more…
“This is a very big milestone for us as EGENCO and indeed a big milestone for the country because once the project is completed, it will significantly increase our generation capacity. The project upon completion will add 18MW into the national generation system,” Liabunya said.
Expansion project to commence Q4 2017
The project is set to commence in October this year and is expected to be completed within three years.
Liabunya explained: “[The]18MW is no mean achievement to the nation. The project is expected to be finished in 2020.
“This means the 18MW will be coming into the system soon after Nkula A brings in additional 12MW in 2018 through the rehabilitation, modernisation and expansion project currently under operation through financing from the Millennium Challenge Corporation Compact Funding.”
The acting general manager of international economic corporation of Mitsubishi Corporation, Masato Kume, commented: “We will construct 18MW of hydropower station at Tedzani by December 2020.
“Together with Calik Energy (Exclusive subcontractor) we have a vast experience especially in the Middle East. This is our first project in Africa and so we want to make it successfully done.” Read more…
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