Zambia: AfDB approves $150m loan for coal power plant



Issue 263 - 16 Oct 2013 | 1 minute read

The African Development Bank (AfDB) board approved a senior loan of up to $150m on 2 October for a 300MW mine-mouth coal power plant at Maamba and the refurbishment of the coal mine at the site. Maamba Collieries – a joint venture of Nava Bharat Singapore Ltd (65%) and government-owned Zambia Consolidated Copper Mines (35%) – is developing the project to use the low-grade coal produced as a by-product of mining at the site which is at risk of spontaneous combustion.The project is expected to cost around $800m and will comprise two 150MW units, using two 510 TPH steam generators with circulating fluidised bed combustion. It is designed with the potential to expand to 600MW.

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