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Maamba Energy Limited (MEL) is Zambia's largest coal mining company and one of the country's largest independent power producers (IPPs), operating the only coal-fired thermal power plant in Zambia. Located at Maamba in the Sinazongwe District of Southern Province, MEL operates a 300 MW mine-mouth thermal power station commissioned in 2016, which contributes approximately 9% of Zambia's national installed electricity generation capacity and provides critical baseload power independent of hydrology. The company holds Zambia's largest coal mining concession — over 7,900 hectares with estimated reserves of 140 million tonnes — and mines high-grade and thermal-grade coal to fuel its power plant. MEL is a joint venture owned 65% by Nava Bharat (Singapore) Pte Ltd (a subsidiary of Nava Bharat Ventures of India) and 35% by ZCCM-IH, with total investment exceeding US$919 million since 2010. A second 300 MW unit expansion (Unit II) is under development, targeting completion in 2026. MEL won the Project Finance International Power Deal of the Year award in 2015.
Headquarters
Lusaka, Zambia
Founded
2009
Company Size
201-500
Website
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Company Details
Industry
Extraction & mining
Established
2009
Employees
201-500
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