https://www.miningweekly.com
Ever Great Energy|Wonderful Group Services|ZCCM Investments|China|Zambia|Kariba Dam|Coal-fired Power|Copper|Hydropower|Mining
|||
ever-great-energy|wonderful-group-services|zccm-investments|china|zambia|kariba-dam|coal-fired-power|copper|hydropower|mining

Zambia's ZCCM-IH partners with Chinese firm to build 600 MW coal plant

5th June 2026

By: Reuters

  

Font size: - +

Zambia's ZCCM Investments Holdings has agreed a deal with Chinese-owned Wonderful Group Services to build a 600 MW coal-fired power station at an estimated cost of nearly $452-million, the State-backed investment company said on Monday.

The plant will be developed in two phases with construction of 300 MW in the first before capacity is doubled in the second phase.

ZCCM-IH did not provide estimated timelines but said the second phase would be finished within five years of the completion of the first phase.

The project will be held within a special purpose vehicle called Ever Great Energy Company, a subsidiary of Wonderful Group Services. ZCCM-IH plans to invest $54.2-million for a 30% equity interest in Ever Great.

It aims to close Zambia's peak demand power generation shortfall of 1 400 MW and reduce reliance on hydropower as drier conditions hamper the performance of its key electricity source, the Kariba dam. Zambia is Africa's second largest copper producer.

The project also aims to support mining companies as the country targets three-million tons of copper output a year by 2031.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
ZF Aftermarket
ZF Aftermarket

ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.052 0.076s - 132pq - 2rq
Subscribe Now