Maaamba Collieries

Zambia: Maamba Collieries seeks government help to finance coal plant expansion


Issue 489 - 03 Aug 2023 - By Chiwoyu Sinyangwe | 2 minute read

India’s Nava Bharat Ventures (NBV) is seeking support from the Zambian government to raise finance to double output at its Maamba Collieries Ltd (MCL) coal-fired power plant, after Chinese lenders that backed the initial phase proved unwilling to fund the planned expansion.

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