Madagascar Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in madagascar, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Power Sector
Last published date:

Overview

Less than 30 percent of the population has access to electricity. Access to energy is a cornerstone of the GOM’s efforts to lift Madagascar out of poverty. The government’s objective is to double energy production within five years, increase access to electricity for at least 70 percent of the population by 2030, improve reliability of supply, and reduce energy prices for most of the population. The World Bank estimates the government would have to increase production five-fold to reach the 75 percent goal.

Leading Sub-Sectors

  • Smart grids, including smart meters, smart appliances, and energy-efficient devices
  • Off-grid and hybrid systems, including flexible fueling, diesel/heavy fuel
  • Renewable energy equipment, including solar and wind energy equipment
  • Grid transmission distribution systems and transmission power loss reduction devices
  • Power transformers and electrical power substations

 

Table 1: Total Market Size for Power Transformers and Power Substations

POWER TRANSFORMERS 

AND POWER SUBSTATIONS

2020

2021

2022

 

2023

 

2024

Total exports 

0

 48

 0

69

0

Total imports 

533

 68

 1,317

493

1,040

Imports from the U.S.

0

 0

 0

0

0

Total market size 

533

 20

 1317

424

1,040

Data source: Madagascar Customs. Figures are in thousands of USD. The HTS code used to produce the tables are the 8-digit code 85042200, representing transformers with power between 650 KVA and 10,000 KVA

 

Table 2: Total Market Size for Electrical cables

ELECTRICAL CABLES

2020

2021

2022

 

2023 

 

2024

Total exports 

16

 2

40

12

6

Total imports 

1481

 1,364

2,788

3,371

3,188

Imports from the U.S.

11

 24

27

89

208

Total market size 

1,465

 1,362

2.748

3,359

3,182

Data source: Madagascar Customs. Figures are in thousands of USD. The HTS code used to produce the tables are the 8-digit code 85446000 and 85444200 which are respectively the HTS code of electric cables for voltage greater than 1000v and those less than 1000v.

Opportunities

  • Investment into hydroelectric and other renewable energy projects (solar, wind, geothermal, nuclear, waste to energy, etc.) and becoming an Independent Power Producer (IPP)
  • Power equipment, hardware, and software
  • Participation in planned government procurement projects

Resources

  • National utility company (JIRAMA)
  • National regulator (ORE)
  • Agency for the Development of Renewable Energy (ADER)
  • Madagascar Office of Hydrocarbons (OMH)

 

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