Energy
Procurement of EPC Contractor for Mozambique-Malawi power interconnector progresses
June 15, 2020 / Bester Kayaye
The Malawi Government says procurement of an Engineering, Procurement and Construction (EPC) contractor for the Mozambique-Malawi power interconnector will be finalized by December 2020.
“Under the Malawi-Mozambique Interconnector Project, the two power utility companies, ESCOM Ltd and EDM of Mozambique negotiated and signed commercial agreements, including the Power Purchase Agreement. The procurement of the EPC Contractor is underway and is expected to be finalised by December, 2020,” said Minister of Finance, Economic Planning and Development Joseph Mwanamveka in his presentation of the 2020/2021 national budget.
Mwanamveka said preparations for feasibility studies for the construction of the Zambia-Malawi Power Interconnector are also underway on the Zambian side and will be used to update the feasibility study report on the Malawian side which was done a few years back.
The Malawi Government is also developing a 350MW hydropower project at Mpatamanga gorge on the Shire River under a Public Private Partnership arrangement.
Mwanamveka said currently, the process of identifying the main private investor is in progress and is expected to be completed by September, 2020.
He also said in the 2019/2020 fiscal year, Government established a new company called Malawi Power Market that will replace ESCOM as a single buyer of all generated electricity.
“This company will enable other players to enter into the power market as distributors,” he said.
He said in the near term the sectors that will drive growth include Agriculture; Wholesale and Retail trade; Mining and Quarrying; Electricity, Gas and Water; Information and Communication; and Financial and Insurance Services.
The Ministry of Finance and Economic Development has allocated K61.4 billion to boost operations of Energy, Industry and Tourism sectors representing 3% of the total budget in the 2020/2021 fiscal year.
Malawi’s 2020/2021 budget is titled “Economic Recovery, Mitigation and Building Resilience” and its priority areas include Economic growth, job Creation and Infrastructure Development.
In the Budget, the Minister has pegged country’s expenditure for the year 2020/2021 at K2.023 trillion representing 28.3% of GDP and an increase of 9.9% over the 2019/2020 midyear revised estimate.
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The establishment of a stable and self-sustaining ecosystem, but not necessarily the one that existed before mining began. In many cases, complete restoration may be impossible, but successful remediation, reclamation, and rehabilitation can result in the timely establishment of a functional ecosystem.
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Remediation:
The cleanup of the contaminated area to safe levels by removing or isolating contaminants. At mine sites, remediation often consists of isolating contaminated material in pre-existing tailings storage facilities, capping tailings and waste rock stockpiles with clean topsoil, and collecting and treating any contaminated mine water if necessary.
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