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Tag: Escom

Chizuma Is Not First Public Officer To Be Interdicted

Chizuma Is Not First Public Officer To Be Interdicted

Exclusive
By Sylvester ChibwanaMartha Chizuma is the master manipulator.She knows that she has nothing to show for her pomp and so she always rushes to throw a victim card when exposed.So far so good as her trick has worked.She has managed to make Malawians overlook her incompetence thereby sympathising with her and blaming the government for witch hunting in the process. She has always been in the news for wrong reasons yet she has registered zero success as the Director General of the Anti-Corruption Bureau. Chizuma has only succeeded in finding Steve Kayuni’s reluctance to grant her consent to go ahead with some outstanding cases.Now that Kayuni is no longer the Director of Public Prosecution (DPP) and the ACB does not need to seek consent from the DPP, one would have expected that Chi...
Matola Accuse DPP Regime On Current Electricity Woes

Matola Accuse DPP Regime On Current Electricity Woes

What's Hot
Minister of Energy Ibrahim Matola has accused the previous administration of plunging the electricity utility companies into the current mess where the utility companies are failing to provide adequate electricity to Malawians. Matola said this speaking at a press briefing currently underway at the Central Office of Information (COI) in Lilongwe. He singled out politicians forcing the utility companies to misprocure and by-pass laws governing the operations of the companies, being public entities. Matola has also said the previous government was wasting resources for the companies by using their assets such as vehicles to ferry party supporters to political rallies and drawing free fuel from other power producers hired by government such as Agrecco. He has said these malpracti...
Escom is forced to pay billions of kwachas for energy that is not delivered.

Escom is forced to pay billions of kwachas for energy that is not delivered.

What's Hot
Escom Chief executive officer Kamkwamba Kumwenda has told a parliamentary joint committee that Escom is burdened with charges for electricity. Kumwenda said Escom is forced to pay billions of kwachas for energy that is not delivered. Kumwenda says Escom is forced to borrow from banks to pay for undelivered energy. He says there is need to find a solution on who will pay for undelivered energy. Kumwenda also said Egenco has made an application to be paid in dollars. He said if Egenco is allowed to be paid in dollars, Escom will be dead. He said it is better to close Escom if Egenco will be allowed to be paid in dollars. Kumwenda has also blamed Egenco for the blackouts that the country is facing saying Egenco is only giving about 68 percent of electricity. He said if Egenco was su...
EGENCO says blackouts to end by September 22, 2022.

EGENCO says blackouts to end by September 22, 2022.

National
Labren Sondhi Director of Planning and Development at EGENCO says the blackouts that the country is experiencing now will end by 22 September this year. Sondhi has disclosed this during a meeting with a Joint committee on Natural resources committee, Public Accounts Committee, Trade Committee and Legal affairs committee. According to Sondhi, currently they have set a team that is working on the problem. He says, another team has also been set to inquire into what is causing the blackouts. The Joint committee, summoned Egenco to the meeting to discuss current blackouts, electricity tariffs and single buyer system.
EGENCO Accuse ESCOM On Payments

EGENCO Accuse ESCOM On Payments

What's Hot
The Electricity Generation Company (Egenco) has accused Escom of paying itself first money realised from selling electricity before paying Egenco and Independent Power Producers (IPP) as it supposed to be done with the coming in of the single buyer. Addressing a joint committee of parliament this afternoon, Egenco Deputy Director of Finance Delano Ulanje has raised fears that the anomaly by Escom has a possibility of scaring would be investors in the energy sector.
Chakwera In Office today, Attending To Various Matters of National Interest.

Chakwera In Office today, Attending To Various Matters of National Interest.

What's Hot
His Excellency the State President of the Republic of Malawi Dr Lazarus McCarthy Chakwera writes; - I am in office today, attending to various matters of national interest. I have deployed the Minister of Energy to hold meetings with the Heads of ESCOM and EGENCO to get to the bottom of the cause of the system shutdown that resulted in a nationwide blackout over the weekend, as well as to track the progress being made on rehabilitating the cyclone-damaged Kapichira Power Plant. I also held virtual discussions with the President of the Eastern and Southern African Trade and Development Bank, Mr. Admassu Tadesse, to secure a debt-restructuring agreement aimed at relieving the economy of some of the fiscal pressures emanating from the distress occasioned by the enormous debt left by th...
Energy Minister In Closed Meeting With Egenco And ESCOM Over System Shutdowns

Energy Minister In Closed Meeting With Egenco And ESCOM Over System Shutdowns

National
Minister of Energy Ibrahim Matola is this morning engaging Electricity Generation Company (Egenco) on the intermittent power supply cuts the country is facing. Matola who is currently in a closed meeting with Egenco management at its head office in Blantyre wants an explanation on causes of the power supply cuts and solutions to the same. He says intermittent power supply is a cost to the economy therefore solution to the problem needs to be established as soon as possible. Malawians have been subjected to national blackouts experienced for three days in a row from Friday to yesterday. On Friday, the system shutdown occurred at 11:51am, on Saturday at 5:36 pm while yesterday, Malawians experienced a national blackout at 07:37am.
ESCOM, Parliament Crash On Power Price

ESCOM, Parliament Crash On Power Price

What's Hot
Parliamentary Committee on Natural Resources and Climate Change chairperson Welani Chilenga and two other people in the energy sector have disputed claims by the Electricity Supply Corporation of Malawi (Escom) chief executive officer Kamkwamba Kumwenda that the organisation is buying power at K140 per kilowatt per hour (kwh). In an interview on Thursday, Chilenga wondered where Escom is getting its figures because according to his understanding, the power utility organisation is buying electricity at an average of K59.2 per kwh, and not K140 as Kumwenda said during a press briefing on Wednesday last week. Said Chilenga: “I was wondering where Escom is getting is figures, and how it has arrived at those figures. It is not true that Escom is buying electricity at K140; that is not tr...
ESCOM Lost K112 Billion

ESCOM Lost K112 Billion

Stories
The Electricity Supply Corporation of Malawi (ESCOM) says since its unbundling in 2018, it has been operating at a loss, accounting for K112 billion which has gone down the drain since the decision was effected. ESCOM Chief executive officer, Kamkwamba Kumwenda says, ESCOM is currently buying electricity from power producers at K140 per kilowatt, per hour, yet it is selling to end-user consumers at K104 per kilowatt, per hour. "ESCOM is slowly dying. It is either we close ESCOM or increase the tariffs. We are proposing automated price adjustments. We are currently negotiating with the Malawi Energy Regulatory Authority to increase the tariffs," said Kumwenda during a press briefing at the company's head office in Blantyre today.