ESCOM slowly dying; Parliament needs to approve raising consumers’ power tariff—CEO
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Since Electricity Supply Corporation (ESCOM) was unbundled in 2018, it has made a cumulative loss of revenue of over K112 billion when it buys power from Energy Generation Company (EGENCO) and recent independent power producers (IPPs). This was disclosed atESCOM slowly dying; Parliament needs to approve raising consumers’ power tariff—CEO
Since Electricity Supply Corporation (ESCOM) was unbundled in 2018, it has made a cumulative loss of revenue of over K112 billion when it buys power from Energy Generation Company (EGENCO) and recent independent power producers (IPPs). This was disclosed at a press conference in Blantyre on Tuesday by ESCOM Chief Executive Officer (CEO), Kamkwamba Kumwenda, […] The post ESCOM slowly dying; Parliament needs to approve raising consumers’ power tariff—CEO appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more