Zambia Moves Ahead with 300MW Coal-Fired Power Plant in Sinazongwe
Zambia to Develop 300MW Coal-Fired Power Plant as ZCCM-IH Targets Energy Security Zambia is moving forward with plans to develop a 300MW coal-fired thermal power plant in Sinazongwe District, as the country seeks to strengthen electricity supply and reduce its heavy reliance on hydropower. The project is being developed through Ever Great Energy Company Limited, a special-purpose vehicle involving ZCCM Investments Holdings (ZCCM-IH) and Wonderful Group Services Limited. Under an agreement signed on June 1, 2026, ZCCM-IH will acquire a 30% stake in Ever Great for approximately US$54.2 million. The…
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