[1] The headquarters of the company are located in ESCOM House, along Haile Selassie Avenue, in the central business district of Blantyre, the commercial and financial capital of Malawi.
[2] When initially created in the 1980s, ESCOM monopolized the functions of (a) generation (b)transmission and (c) distribution of electric power throughout Malawi.
In 2015, the government of Malawi began planning the unbundling of the company to allow private investors to enter the Malawian market.
It lacks creditworthiness and is unable to attract private investment into the electricity sector, because power-purchase agreements with Escom are not financially viable.
Electricity Generation Company Malawi Limited (Egenco) is responsible for the operation, maintenance, and improvement of the power stations owned by the Malawian government.