Zambia's Maamba coal-fired plant closes financing

In:

Metals and Mining, Power, Transport

Region:

Middle East & Africa

By Max Thompson

Details have emerged on the $515 million limited-recourse debt package backing the 300MW Maamba coal-fired power plant and associated mine refurbishment in Zambia.Sponsored by Nava Bharat (65%) and ZCCM Investment Holdings (35%), the $830 million project is backed by a 30-year PPA with state-owned...

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