Integrated Strategic Plan for 2023 to 2027
The Electricity Supply Corporation of Malawi (ESCOM) Ltd. is a state-owned company mandated to transmit, distribute and supply electricity throughout Malawi. ESCOM is a limited liability company, having been incorporated in 1998 under the Companies Act of 1984
At that time, ESCOM was a vertically integrated company mandated to generate, transmit, distribute, and retail electricity. However, following recommendations of Power Sector Reforms report in 2014 and the enactment of the Electricity Amendment Act in 2016, ESCOM was unbundled, and generation was carved out to form a separate state-owned generation company called Electricity Generation Company of Malawi (EGENCO).
ESCOM has a Board of Directors that are mandated to oversee and give strategic direction of ESCOM activities in accordance with its Memorandum and Articles of Association. The Board appoints Executive Management which runs the day-to-day operations of ESCOM headed by the Chief Executive Officer.
ESCOM is principally organized around its licensed business areas. These business areas include Transmission, Distribution, Single Buyer and System and Market Operator (SMO) which are licensed by the Malawi Energy Regulatory Authority (MERA).
Its Optic Fibre business is licensed by the Malawi Communications Regulatory Authority (MACRA) under the relevant Communications Act. The above licensed business areas are managed and coordinated by the Corporate (Head) Office.
The following are the directorates and departments that form ESCOM’s organizational structure: Corporate (Head) Office, Transmission Directorate, Distribution and Customer Services Directorate, System and Market Operator Directorate, Single Buyer Directorate, Finance Directorate, Procurement Directorate, Projects and Development Directorate, Human Resource and Administration Directorate, Legal and Company Secretary Directorate, Internal and Technical Audit Department, ICT Department, Risk Department and Public Relations Department.
Strategic goals are long term outcomes which deliver ESCOM mandate [Transmission, Distribution, System & Market Operations and Single Buyer. ISP27 will focus on five strategic goals to guide the development of its objectives and initiatives. The following are the strategic goals:
Following its Mandate, ESCOM builds, owns, maintains and operates transmission and distribution assets throughout Malawi, retails electricity to its customers, is a system and market operator (SMO) and a Single Buyer (SB) for the entire power sector. ESCOM also owns a Optic Fibre Business taking advantage of its use of Fibre Technology as an intrinsic part of its operations as well as its vast overhead line infrastructure which can easily carry Optic Fibre cables.
To Supply electricity to the nation for sustainable development
To become a leading provider of reliable, inclusive and affordable electricity and related services in the region
b. Act safely and support each other c. Speak up, challenge and act
b. Be inclusive and offer equal opportunities
c. Innovate, embrace learning and new ideas
