Electricity Supply Corporation of Malawi Limited (ESCOM) is the state-owned power transmission and distribution company in Malawi. It is entirely in control of transmission and distribution of electric power in the country. ESCOM represents Malawi in the Southern African Power Pool. It should not be confused with its South African equivalent Eskom.[1]
Electricity Supply Corporation of Malawi Limited (ESCOM)
The headquarters of the company are located in ESCOM House, along Haile Selassie Avenue, in the central business district of Blantyre, the commercial and financial capital of Malawi. The ESCOM House sits directly across the street from Shifa Hospital. The geographical coordinates of the company headquarters are:15°47'16.0"S, 35°00'38.0"E (Latitude:-15.787778; Longitude:35.010556).[2]
Unbundlingedit
When initially created in the 1980s, ESCOM monopolized the functions of (a) generation (b)transmission and (c) distribution of electric power throughout Malawi. In 2015, the government of Malawi began planning the unbundling of the company to allow private investors to enter the Malawian market.[3]
Escom is saddled with low tariffs and payment arrears. The company is heavily indebted and is loss-making. It lacks creditworthiness and is unable to attract private investment into the electricity sector, because power-purchase agreements with Escom are not financially viable. It is unable to upgrade infrastructure and increase generation capacity.[3]
In January 2017, Escom was split into two companies. Electricity Generation Company Malawi Limited (Egenco) is responsible for the operation, maintenance, and improvement of the power stations owned by the Malawian government. At that time, the power stations had generation capacity of 351 megawatts. Escom retained the role of bulk-purchaser, transmission and distribution to the consumer. Escom is also the sole seller to foreign customers.[4]
Governanceedit
Thomson Mpinganjira serves as the chairman of the ten-person board of directors.[5] Mr. Kamkwamba Kumwenda is the Chief Executive Officer. He leads a team of nine senior Directors in running the day-to-day affairs of the company.[6]
^Escom (12 May 2020). "Escom: Company Information". Blantyre: Electricity Supply Corporation of Malawi Limited (Escom). Retrieved 12 May 2020.
^Google (12 May 2020). "Location of the Headquarters of Electricity Supply Commission of Malawi" (Map). Google Maps. Google. Retrieved 12 May 2020.
^ abThe Economist (28 July 2015). "Escom To Be Restructured". London: Economist Intelligence Unit. Retrieved 12 May 2020.
^Tom Sangala (5 January 2017). "Escom Unbundled". Blantyre: The Times Group. Retrieved 12 May 2020.
^Electricity Supply Commission of Malawi (12 May 2020). "The Current ESCOM Board Members". Blantyre: Electricity Supply Commission of Malawi. Retrieved 12 May 2020.
^Electricity Supply Commission of Malawi (12 May 2020). "The Current Executive Management Of Escom". Blantyre: Electricity Supply Commission of Malawi. Retrieved 12 May 2020.
electricity, supply, corporation, malawi, limited, escom, state, owned, power, transmission, distribution, company, malawi, entirely, control, transmission, distribution, electric, power, country, escom, represents, malawi, southern, african, power, pool, shou. Electricity Supply Corporation of Malawi Limited ESCOM is the state owned power transmission and distribution company in Malawi It is entirely in control of transmission and distribution of electric power in the country ESCOM represents Malawi in the Southern African Power Pool It should not be confused with its South African equivalent Eskom 1 Electricity Supply Corporation of Malawi Limited ESCOM Company typeParastatalIndustryElectricityFounded1984 40 years ago 1984 HeadquartersBlantyre MalawiKey peopleKamkwamba KumwendaChief Executive OfficerParentGovernment of MalawiWebsitewww wbr escom wbr mw Contents 1 Location 2 Unbundling 3 Governance 4 See also 5 References 6 External linksLocation editThe headquarters of the company are located in ESCOM House along Haile Selassie Avenue in the central business district of Blantyre the commercial and financial capital of Malawi The ESCOM House sits directly across the street from Shifa Hospital The geographical coordinates of the company headquarters are 15 47 16 0 S 35 00 38 0 E Latitude 15 787778 Longitude 35 010556 2 Unbundling editWhen initially created in the 1980s ESCOM monopolized the functions of a generation b transmission and c distribution of electric power throughout Malawi In 2015 the government of Malawi began planning the unbundling of the company to allow private investors to enter the Malawian market 3 Escom is saddled with low tariffs and payment arrears The company is heavily indebted and is loss making It lacks creditworthiness and is unable to attract private investment into the electricity sector because power purchase agreements with Escom are not financially viable It is unable to upgrade infrastructure and increase generation capacity 3 In January 2017 Escom was split into two companies Electricity Generation Company Malawi Limited Egenco is responsible for the operation maintenance and improvement of the power stations owned by the Malawian government At that time the power stations had generation capacity of 351 megawatts Escom retained the role of bulk purchaser transmission and distribution to the consumer Escom is also the sole seller to foreign customers 4 Governance editThomson Mpinganjira serves as the chairman of the ten person board of directors 5 Mr Kamkwamba Kumwenda is the Chief Executive Officer He leads a team of nine senior Directors in running the day to day affairs of the company 6 See also edit nbsp Energy portal nbsp Companies portal List of power stations in MalawiReferences edit Escom 12 May 2020 Escom Company Information Blantyre Electricity Supply Corporation of Malawi Limited Escom Retrieved 12 May 2020 Google 12 May 2020 Location of the Headquarters of Electricity Supply Commission of Malawi Map Google Maps Google Retrieved 12 May 2020 a b The Economist 28 July 2015 Escom To Be Restructured London Economist Intelligence Unit Retrieved 12 May 2020 Tom Sangala 5 January 2017 Escom Unbundled Blantyre The Times Group Retrieved 12 May 2020 Electricity Supply Commission of Malawi 12 May 2020 The Current ESCOM Board Members Blantyre Electricity Supply Commission of Malawi Retrieved 12 May 2020 Electricity Supply Commission of Malawi 12 May 2020 The Current Executive Management Of Escom Blantyre Electricity Supply Commission of Malawi Retrieved 12 May 2020 External links editESCOM Official website 15 47 16 S 35 00 38 E 15 78778 S 35 01056 E 15 78778 35 01056 Retrieved from https en wikipedia org w index php title Electricity Supply Corporation of Malawi amp oldid 1118341276, wikipedia, wiki, book, books, library,
