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Maamba Collieries coal-fired power plant to solve Zambia's energy crisis | World Finance

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Published on Jun 7, 2016

Zambia is nearly completely reliant on hydropower: 96 percent of its energy is fuelled by the Zambezi river. But climate change is affecting capacity, and long power cuts are now a daily occurrence. One solution: coal. Ashwin Devineni and PJV Sarma from Nava Bharat Projects discuss the Maamba Collieries project. Set to add 300MW to Zambia's energy grid, it's an extremely important initiative for Zambia's businesses that depend on reliable energy. It also represents a landmark project finance deal in sub-Saharan Africa – one that can be replicated now the model has been established with a strong sponsor.

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