Regulator battle deters Malawi IPPs say developers

Issue 458 - 06 Apr 2022 - By Marc Howard | 2 minute read

Ongoing squabbles between backers of Electricity Supply Corporation of Malawi (Escom) and Power Market Limited (PML) have paralysed the development of the power sector in Malawi, according to developers. Although PML started operations in 2020 and nominally took over the single buyer role last year, Escom still controls the bulk transaction and stabilisation account for the sector, often referred to as the master accounts. This gives it a high level of de facto control over the sector, including offtake agreements.

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