Maamba Energy Limited (MEL) announces commencement of its 300 MW Phase II power plant expansion project. The event was graced and launched by the President Mr. Hakainde Hichilema at a groundbreaking ceremony on 13th August 2024, marking a significant milestone in the nation’s journey towards energy security. The expansion, which will add an additional 300 MW to the existing capacity, aims to double MEL’s energy output to 600 MW, which is scheduled to be completed by mid-2026.
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Heralding a true reflection of its core business, Maamba Collieries Ltd, the leading independent private power producer has changed its name to Maamba Energy Ltd.
First Quantum Minerals (FQM), has reaffirmed its commitment to transparency and sustainable development in Zambia by announcing US$727.8 million of contributions to the nation in 2023, according to the company’s latest Tax Transparency and Contributions to Government Report.