{"id":45177,"date":"2023-07-06T21:55:59","date_gmt":"2023-07-06T21:55:59","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom"},"modified":"2023-07-06T22:07:38","modified_gmt":"2023-07-06T22:07:38","slug":"government-hands-over-single-buyer-licence-to-escom","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom","title":{"rendered":"Government hands over single buyer licence to ESCOM"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Malawi Energy Regulatory Authority (MERA) has handed over a single buyer licence from a dissolved Power Market Limited (PML) to Electricity Supply Corporation of Malawi (ESCOM).<\/p>\n

Speaking during the official handover ceremony in Lilongwe on Wednesday, Minister of Energy, Ibrahim Matola alongside Head of Presidential Delivery Unit (PDU) Dr Janet Banda, Attorney General, Thabo Chakaka Nyirenda, and officials from Mera and Escom, said the handover is in line with government\u2019s policy to ensure the provision of sustainable and affordable energy in Malawi.<\/p>\n

\u201cThis milestone marks significant step forward in the government\u2019s efforts to transform the power sector, fostering investment opportunities and ensuring a reliable supply of electricity for the people of Malawi,\u201d he said.<\/p>\n

With the retransfer of the licence, he said, Escom now has the full mandate to perform the functions and duties of the single buyer licence.<\/p>\n

Matola lamented that whilst the establishment of PML which among other things was meant to promote economic growth through increased private investment but little has been realized to that effect apart from the increased overhead costs.<\/p>\n

Escom Chief Operations Officer, Maxwell Mulimakwenda said as Escom has been honoured and entrusted once again with the responsibility of a single buyer licence they will work diligently with government and all stakeholders in the energy sector.<\/p>\n

\u201d We want to assure Malawians that the decisions we make and processes undertaken are with due diligence and also with speed,\u201d he said.<\/p>\n

However, in 2018, government established PML to carry out the single buyer functions, a role Escom was previously executing.<\/p>\n

Come in 2020, government reviewed the functions of PML and decided to dissolve guided by the electricity amendment act of 2016.<\/p>\n

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

Africa-Press – Malawi. Malawi Energy Regulatory Authority (MERA) has handed over a single buyer licence from a dissolved Power Market Limited (PML) to Electricity Supply Corporation of Malawi (ESCOM). Speaking during the official handover ceremony in Lilongwe on Wednesday, Minister of Energy, Ibrahim Matola alongside Head of Presidential Delivery Unit (PDU) Dr Janet Banda, Attorney […]<\/p>\n","protected":false},"author":84,"featured_media":45176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,371,234],"class_list":["post-45177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nGovernment hands over single buyer licence to ESCOM - Malawi<\/title>\n<meta name=\"description\" content=\"Malawi Energy Regulatory Authority (MERA) has handed over a single buyer licence from a dissolved Power Market Limited ( ...\" \/>\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\/government-hands-over-single-buyer-licence-to-escom\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government hands over single buyer licence to ESCOM\" \/>\n<meta property=\"og:description\" content=\"Malawi Energy Regulatory Authority (MERA) has handed over a single buyer licence from a dissolved Power Market Limited ( ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom\" \/>\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=\"2023-07-06T21:55:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-06T22:07:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688664989.406883.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"957\" \/>\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\/government-hands-over-single-buyer-licence-to-escom#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government hands over single buyer licence to ESCOM\",\"datePublished\":\"2023-07-06T21:55:59+00:00\",\"dateModified\":\"2023-07-06T22:07:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom\"},\"wordCount\":294,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/07\/sm_1688664989.406883.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/government-hands-over-single-buyer-licence-to-escom\",\"name\":\"Government hands over single buyer licence to ESCOM - 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