ESCOM, PML, Kanengo Solar Project Limited sign Assignment Agreement for Power Purchase Agreement

Electricity Supply Corporation of Malawi (ESCOM), Power Market Limited (PML)

ESCOM, PML, Kanengo Solar Project Limited sign Assignment Agreement for Power Purchase Agreement

 ESCOM, PML, Kanengo Solar Project Limited sign Assignment Agreement for Power Purchase Agreement.

By Peter Kanjere

Electricity Supply Corporation of Malawi (ESCOM), Power Market Limited (PML) and Kanengo Solar Project Limited signed an Assignment Agreement for Power Purchase Agreement on Wednesday 4th May 2022 at the corporation’s head office at Umoyo House in Blantyre.

ESCOM Chief Executive Officer Kamkwamba Kumwenda signed the agreement with Kanengo Solar Director Jehangir Bashir and PML Chief Executive Officer Rosemary Mkandawire.

Kanengo Solar Project Limited is expected to add 20 megawatts to the national grid once fully operational.

The coming in of the latest Independent Power Producer complements the government's endeavour that the country should have 1000 megawatts by the year 2025.