{"id":34318,"date":"2022-11-07T19:07:14","date_gmt":"2022-11-07T19:07:14","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd"},"modified":"2022-11-07T19:55:39","modified_gmt":"2022-11-07T19:55:39","slug":"escom-is-selfish-says-power-market-ltd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd","title":{"rendered":"ESCOM is selfish says Power Market Ltd"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Power Market Limited (PML) has branded the country\u2019s beleaguered monopolistic electricity suppliers, Electricity Supply Corporation of Malawi(ESCOM) as selfish for pressing on to retain a single buyer licence. PML is a licensed single-buyer responsible for buying and selling, exportation and importation of electricity in Malawi.<\/p>\n

Chief Executive Officer (CEO) for PML Rosemary Mkandawire told the joint parliamentary committee on Thursday that the decision by the Electricity Supply Corporation of Malawi to get back the single buyer licence are for reasons best known to Escom.<\/p>\n

She said: \u201d All that ESCOM is doing in retaining a single buyer licence is an act of selfishness and only them know why they are doing this,\u201d she complained.<\/p>\n

Mkandawire to the joint parliamentary committee that what is happening between Escom and PML is moving two steps forward and then four steps backwards, which is affecting the quality of service delivery in the country.<\/p>\n

Mkandawire has also added that the issue of some PML officials being handpicked into positions at PML can best be responded by Ministry of Energy and the Office of the President and Cabinet.<\/p>\n

PML was incorporated in June 2018 but was rolled out into operation in January 2020 as an independent entity responsible for buying and selling electricity.<\/p>\n

The formation of PML followed the broader Government reforms initiated in 2003 and came to fruition with the signing of the compact between Government of Malawi and the Millennium Challenge Corporation in 2013.<\/p>\n

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

Africa-Press – Malawi. Power Market Limited (PML) has branded the country\u2019s beleaguered monopolistic electricity suppliers, Electricity Supply Corporation of Malawi(ESCOM) as selfish for pressing on to retain a single buyer licence. PML is a licensed single-buyer responsible for buying and selling, exportation and importation of electricity in Malawi. Chief Executive Officer (CEO) for PML Rosemary […]<\/p>\n","protected":false},"author":84,"featured_media":34317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,371,234],"class_list":["post-34318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nESCOM is selfish says Power Market Ltd - Malawi<\/title>\n<meta name=\"description\" content=\"Power Market Limited (PML) has branded the country\u2019s beleaguered monopolistic electricity suppliers, Electricity Supply ...\" \/>\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\/escom-is-selfish-says-power-market-ltd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ESCOM is selfish says Power Market Ltd\" \/>\n<meta property=\"og:description\" content=\"Power Market Limited (PML) has branded the country\u2019s beleaguered monopolistic electricity suppliers, Electricity Supply ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd\" \/>\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=\"2022-11-07T19:07:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-07T19:55:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/11\/postQueueImg_4-6369628550010.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"448\" \/>\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=\"2 minutes\" \/>\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\/escom-is-selfish-says-power-market-ltd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ESCOM is selfish says Power Market Ltd\",\"datePublished\":\"2022-11-07T19:07:14+00:00\",\"dateModified\":\"2022-11-07T19:55:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd\"},\"wordCount\":256,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/11\/postQueueImg_4-6369628550010.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/escom-is-selfish-says-power-market-ltd\",\"name\":\"ESCOM is selfish says Power Market Ltd - 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