(Pursuant to by-law 6 of the Electricity By-laws of 2012)
IN THE MATTER OF AN APPLICATION FOR A SINGLE BUYER LICENCE TRANSFER BY POWER MARKET LIMITED IN CONJUNCTION WITH ELECTRICITY SUPPLY CORPORATION OF MALAWI LIMITED
The Malawi Government undertook reforms in the Energy Sector that led to unbundling of the Electricity Supply Industry (ESI). Among others, the aims of unbundling of the ESI were to attract private sector investment into the energy sector and promote efficiency at various levels of the industry. The unbundled industry introduced a new power market structure with specific functions of electricity generation, transmission, importation, exportation, distribution, single buying and system and market operation.
The unbundled ESI came into effect following the enactment of the Electricity (Amendment) Act, 2016 and led to the introduction of two new licences, namely Single Buyer (SB) and System and Market Operator (SMO). The functions of SB and SMO were placed in Electricity Supply Corporation of Malawi Limited (ESCOM) while waiting for the establishment of specific companies for the functions. Upon establishing the specific companies, the said functions were to be transferred to the respective established companies. A company called Power Market Limited (PML) was established to undertake the functions of Single Buyer. The establishment of PML necessitated the transfer of Single Buyer functions from ESCOM to PML. An application for the transfer of the Single Buyer licence from ESCOM to PML was jointly made by ESCOM and PML. The Malawi Energy Regulatory Authority (MERA) issued Single Buyer licence to PML on 14 December 2020.
Following a Government of Malawi’s resolution to dissolve PML in December 2022, an application for the transfer of a Single Buyer licence from PML to ESCOM has been made by PML whose address is Private Bag 30990, Lilongwe 3, jointly with ESCOM of P.O. Box 2047, Blantyre in accordance with the law.
The application is for the transfer of a licence for buying of electricity from generators within and outside Malawi and selling to distributors and large customers within Malawi and exporting outside Malawi.
The following information pertaining to this licence transfer application shall be made available for physical inspection by any interested parties during normal working hours at MERA, MERA Complex, Convention Drive, City Centre, Lilongwe:
- A Certificate of Incorporation
- Taxpayer Registration
- Memorandum and Articles of Association
Any person desiring to object to this application should lodge a written objection with MERA within thirty days from the date hereof in a format prescribed in Form EA4 contained in the second schedule to the Electricity By-laws of 2012. The form is available on the MERA website www.mera.mw. All objections should be addressed to the following:
The Chief Executive Officer
Malawi Energy Regulatory Authority
Private Bag B-496