Government and a consortium of development partners have signed a K1 trillion agreement for the construction of a new 350 megawatts Mpatamanga Hydropower Station.
Signing the agreement, Minister of Finance, Sosten Gwengwe, said the project will help end the energy challenges the country is currently facing.
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The UK Government is directly investing as a shareholder in the project and has committed up to £162 million to develop hydropower projects across sub-Saharan Africa.
Commenting on the development, US Ambassador to Malawi, David Young, said Mpatamanga is a milestone project for Malawi’s struggling energy sector
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