Malawi hoping to attract 1 000 MW of private power investment

Malawi plans to procure a total of 1 000 MW from independent power producers (IPPs) to boost the country’s electricity generation capacity, which currently stands at 351 MW, compared with maximum demand of 400 MW. Natural Resources, Energy and Mining Minister Bright Msaka says negotiations with with IPPs are ongoing, adding: “We hope to seal power purchase agreements with the IPPs after concluding all the modalities. With the growth of the population and the industries, Malawi needs more power. But we want to make sure that we do not get power at excessive prices.”