ESCOM signs PPA with Aspin Energy amid calls for increased energy sector investments
Electricity Supply Corporation of Malawi (ESCOM) Limited Board Chairperson, Honourable Gospel Kazako, has called for increased investments in energy, describing the sector as critical to the implementation of the Government’s Agriculture Tourism and Ministry (ATM) strategy. Kazako said this during the signing ceremony for a Power Purchase Agreement (PPA) between ESCOM and Aspin Energy Limited, with the independent power producer (IPP) set to build, own and operate a 142 Megawatts LNG Gas Powered Generation Plant at Phalula in Balaka. “Energy is very key. As you know the