Wednesday, May 25, 2022
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Energy firm blames Covid-19 for projects delay

by Grace Phiri
25/02/2021
in Business News
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Travel restrictions induced by the Covid-19 pandemic have delayed progress in the $150 million (K117 billion) 70 megawatts (MW) independent power producer (IPP) projects in Mzimba and Mangochi.

The two projects—Droege Mzimba Wind Farm Limited (50MW) and Droege Monkey Bay Solar Farm Limited (20MW)—whose power purchase agreement was signed in May 2019, were set to roll out in the first and second quarters of 2021, respectively.

Gustav Droege: We have faced travel restrictions

The project time-frames are two years and three months for Droege Mzimba Wind Farm Limited and 18 months for Droege Monkey Bay Solar Plant Limited.

In an e-mail response, Droege Energy GmbH chief executive officer Gustav Droege said both projects are at advanced stages, but Covid-19 has delayed their implementation.

“One of the major hindrances we have faced has been travel restrictions for our experts to carry out certain development works in Malawi,” he said.

Droege said the other hurdle has been the delay in project documentation with Electricity Supply Corporation of Malawi (Escom) due to the transition of the Single Buyer Licence to Power Market Limited (PML), which was concluded on the December 14 2020.

Last week, Minister of Energy Newton Kambala backed the operationalisation of PML, saying it needed to start its operations.

He said the new company was established in view of the reforms that the country undertook with support from the Millennium Challenge Corporation energy compact to revive the country’s energy sector.

Malawi Energy Regulatory Authority figures show that the country’s electricity penetration is at about 11.5 percent.

Previous Post

On Covid vaccine liability

Next Post

Firm rues business operating environment

Related Posts

Business News

Weak tobacco exports worsen trade balance

May 25, 2022
Business News

Tobacco loans under threat

May 25, 2022
Business News

Nyasa Mobile Limited partners Vodafone

May 25, 2022
Next Post
Production in process at Castel Malawi

Firm rues business operating environment

Opinions and Columns

People’s Tribunal

What was that press briefing all about?

May 22, 2022
Big Man Wamkulu

Wife, in-law plotting my downfall

May 22, 2022
My Thought

Tonse Alliance died on arrival

May 22, 2022
Layman's Reflection

New IMF programme pivotal moment for Tonse Alliance

May 21, 2022

Trending Stories

  • Kalindo: I am hearing it from you

    Kalindo earmarked for diplomatic post

    0 shares
    Share 0 Tweet 0
  • Musician Martse in hospital after fire accident

    0 shares
    Share 0 Tweet 0
  • Musicians, fans mourn Martse

    0 shares
    Share 0 Tweet 0
  • APM under pressure

    0 shares
    Share 0 Tweet 0
  • Cooking oil project impresses Chilima

    0 shares
    Share 0 Tweet 0

Malawi-Music.com Top10

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.