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.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map
Register