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Sunday, December 30, 2018

Govt scales down coal power project - The Nation Online

Govt scales down coal power project - The Nation Online: Govt scales down coal power project Martha Chirambo December 26, 2018 0 Comments Malawi has scaled down the 300 megawatts (MW) Kam’mwamba Coal-Fired electricity generation project in Neno following the financiers’ decision to reduce the loan amount. Beijing, the financier of the project, has asked Lilongwe to reduce the loan amount for the implementation of the coal fired plant project from about $700 million (about K513 100) to around $500 million (about K366 500).

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