MPATAMANGA HYDRO POWER PROJECT

MPATAMANGA HYDRO POWER PROJECT


Project Description

This is a 358Megawatts (MW) hydro power project that will be constructed at Mpatamanga Gorge, along the Shire River, in southern Malawi, between Tedzani and Kapichira Power Stations. It will comprise two power plants – a 301MW peaking plant and a 57MW downstream regulating plant.

The project is being developed through a Public Private Partnership Model of which EGENCO will hold a 30% shareholding capacity on behalf of the Government of Malawi.

A special purpose vehicle, Mpatamanga Hydro Power Limited (MHPL), was established in 2022 to develop, finance, construct, own and operate the hydropower project. The other partners include the World Bank’s International Finance Corporation (IFC), Scatec ASA, and EDF International.

Mpatamanga Hydro Power Limited is currently owned by SN Malawi BV (owned by Scatec ASA and its partners British International Investment (BII) and Norfund), and EDF International (owned by EDF SA) each owning 50%. The planned ownership structure for MHPL is EDF 27.5 % and Scatec and its venture partners 27.5%, GoM 30 % and IFC 15% of the Project.

The project is to be developed on a Build-Own-Operate-Transfer (BOOT) basis by MHPL and the GoM. MHPL will be responsible for developing, constructing and operating the project for a period of 30 years, after which period it will be transferred to GoM for continued operations.

Once commissioned, Mpatamanga will double Malawi’s power generation capacity, contributing to reducing energy shortages and enhancing energy security in Malawi.