You will only need 2 ingredients and a little water. See the necessary quantities:
1 1/2 cups of water (360 ml)
2 cups of sugar (380 g)
2 cups of powdered milk (200 g)
Note: the measured cup is 240 ml.
This recipe yields about 800g of condensed milk. If you want less, cut the recipe in half.
METHOD OF PREPARATION
Place two cups of sugar and one and a half cups of water in a saucepan or milk jug. Mix well. Place over high heat and bring to a boil. When it starts to boil, count two minutes then turn off the heat.