{"id":31374,"date":"2022-09-14T14:35:46","date_gmt":"2022-09-14T14:35:46","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious"},"modified":"2022-09-14T15:12:41","modified_gmt":"2022-09-14T15:12:41","slug":"power-market-limited-told-to-discard-investors-who-are-not-serious","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious","title":{"rendered":"Power Market Limited told to discard investors who are not serious"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Minister of Energy Ibrahim Matola has told Power Market Limited (PML) to get rid of investors who are not serious about investing in the energy sector, saying Malawi needs serious investors in order to attain 1000 Megawatts on the national grid by 2025. Matola said this yesterday when PML launched a compendium pointing out areas and sites where potential investors in the power industry can invest.<\/p>\n

Malawi News Agency (MANA) reported that in his remarks at the event, Matola gave PML up to the end of September to provide a report on investors that are ready to invest and discard from the list those who are not serious with investing in the energy sector.<\/p>\n

\u201cAny power independent producers who are not showing any preparedness to start investing on the ground are going to be dropped and that opportunity will be given to other serious investors,\u201d he added.<\/p>\n

He then called upon ESCOM, EGENCO and PML to work together in achieving the goals of having stable power in the country. On her part, PML\u2019s Chief Executive Officer, Rosemary Mkandawire, stressed that the institution is working around the clock to bring in more investors so that Malawi gets stable in electricity supply.<\/p>\n

She added that Malawi will do better even in the Mining Sector when we have enough energy generation. \u201cWe will seek proper legal advice from the Attorney General, for those not investing despite Malawi government giving them a go ahead,\u201d she explained.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Minister of Energy Ibrahim Matola has told Power Market Limited (PML) to get rid of investors who are not serious about investing in the energy sector, saying Malawi needs serious investors in order to attain 1000 Megawatts on the national grid by 2025. Matola said this yesterday when PML launched a compendium […]<\/p>\n","protected":false},"author":84,"featured_media":31373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[233,371,129,3125,234,4386],"class_list":["post-31374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-malawi","tag-electricity","tag-ibrahim-matola","tag-malawi","tag-power-market-limited"],"yoast_head":"\nPower Market Limited told to discard investors who are not serious - Malawi<\/title>\n<meta name=\"description\" content=\"Minister of Energy Ibrahim Matola has told Power Market Limited (PML) to get rid of investors who are not serious about ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power Market Limited told to discard investors who are not serious\" \/>\n<meta property=\"og:description\" content=\"Minister of Energy Ibrahim Matola has told Power Market Limited (PML) to get rid of investors who are not serious about ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T14:35:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-14T15:12:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/09\/postQueueImg_4-6321ef44b1df6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"542\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Power Market Limited told to discard investors who are not serious\",\"datePublished\":\"2022-09-14T14:35:46+00:00\",\"dateModified\":\"2022-09-14T15:12:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\"},\"wordCount\":264,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/09\/postQueueImg_4-6321ef44b1df6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"electricity\",\"Ibrahim Matola\",\"Malawi\",\"Power Market Limited\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/power-market-limited-told-to-discard-investors-who-are-not-serious\",\"name\":\"Power Market Limited told to discard investors who are not serious - 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