Maamba (Zambia)

Type: City
Name: Maamba (Zambia)
Country: Zambia
Latitude: -17.370001
Longitude: 27.15
population: 12,251
First reported Jun 07 2013 - Updated Jun 07 2013 - 1 reports

Maamba Collieries says new processing plant underutilised

LOW demand for coal in the country has forced Maamba Collieries' newly-acquired coal handling and processing plant in Sinazongwe to be underutilised, the company said yesterday.The country's largest coal producer, which is majority owned by Singapore's ... [Published Zambia Post - Jun 07 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Electricity tariffs too low - Devinei

MAAMBA Collieries resident managing director Ashwin Devineni says Zambia's current electricity tariffs are too low to attract more investments in the electricity sector.Maamba Collieries is currently putting up a 600 mega watts US$750 million thermal ... [Published Zambia Post - May 22 2013]

Quotes

"Presently, Zambia does not have capacity to utilise the volumes of coal that the new CHPP can offload on the market. This means that even if all coal users purchased their coal at MCL, the plant would still remain underutilised" company head of corporate affairs, Janardhan Lavu, said in an emailed statement
"I think it is about time that there is a tariff increase in Zambia because if you go to any of the neighbouring countries, the tariffs are exponentially higher than what people are paying in Zambia, what industries are paying in Zambia" Devineni said in an interview

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Maamba Collieries says new processing plant und... [Published Zambia Post - Jun 07 2013]
Electricity tariffs too low - Devinei [Published Zambia Post - May 22 2013]
Fact Sheet for ZCCM Investments Holdings Plc [Published Able2Act - Feb 12 2008]
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