Taxpayers to bear cost of Mozambique electricity
The prospect of spending a colossal K9.8 billion every month on imported electricity has unsettled Malawi, prompting government efforts to renegotiate terms of its power deal with Mozambique. Under the current Power Purchase Agreement, signed three years ago, Malawi is obliged to pay $5.5 million (about K9.8 billion) monthly for 50 megawatts (MW) of electricity, … The post Taxpayers to bear cost of Mozambique electricity appeared first on Nation Online .