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Geothermal Development

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GDC Signs Cooperation Agreement For Geothermal Development In Malawi.

The Geothermal Development Company (GDC) and the Electricity Generation Company (Malawi) LTD, (EGENCO) have signed a Collaboration Framework Agreement (CFA) on the execution of geothermal projects in Malawi. The two Principals – Mr. Paul Ngugi, the Managing Director and CEO of GDC, and his Counterpart Mr. William Liabunya the CEO, EGENCO, agreed in principle to accelerate the development of geothermal energy in Malawi. The CFA will tackle three broad areas namely: technical assistance that includes provision geoscientific studies services, support in institutional framework development, and resource mobilization. “This is an important milestone for our two entities as we seek energy solutions for Africa. GDC is honoured to be your partner of choice as you embark on this exciting journey of developing your geothermal resources,” Mr. Ngugi said during the signing ceremony. “Our brand is improving. We’re getting more stakeholders who want to do business with us. On this Malawi CFA, it’s a moment of celebration for GDC,” Ngugi added, noting as well that GDC is expanding its footprint in the region. “It’s new beginnings for Malawi. We are happy to collaborate with GDC as we seek to diversify our energy sources,” said Mr. Liabunya, adding that EGENCO is excited about the collaboration. https://www.businessdailyafrica.com/bd/economy/gdc-inks-geothermal-advisory-deal-with-malawi-4361278

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  • We Don't Have Time

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    Dear Princess Your climate love has received over 50 agrees! We have reached out to Geothermal Development by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

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    • Videlis Eddie

      41 w

      Great news for Malawi

      2
      • Hilda Wangui

        41 w

        Impressive initiative that will bring positive change on sustainable energy

        4
      • Kevin

        41 w

        A very impressive step towards clean energy

        5
        • dickson mutai

          41 w

          A promising step towards sustainable energy solutions

          6
          • Ajema Lydiah

            41 w

            amazing

            6
            • Edwin wangombe

              41 w

              This is great news for Malawi

              4
              • Elizabeth Gathigia

                41 w

                Great initiative that gives alot of hopes that all is possible if we work together 💪

                6
                • Gorffly mokua

                  41 w

                  This gives us hope and inspiration of a green and safe future for all.

                  6
                  • Rukia Ahmed Abdi

                    41 w

                    great initiative

                    12
                    • johnte ndeto

                      41 w

                      This initiative has the potential to make a positive impact on energy access and environmental sustainability.

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