
Business Update24 Sept 2026, 10:17 pm
Nava Ltd Commissions 100MW Solar Plant in Zambia
AI Summary
Nava Limited has announced the commissioning of a 100 MW solar power plant in Zambia through its step-down subsidiary, Maamba Solar Energy Limited (MSEL). Power evacuation to the Zambian grid has commenced under a 20-year Power Purchase Agreement with ZESCO Limited. This marks Nava's strategic entry into utility-scale renewable energy, diversifying its business portfolio beyond traditional sectors and aligning with the global shift towards clean energy. MSEL is 65% owned by Nava Global, the international arm of Nava Limited, and 35% by ZCCM Investments Holdings PLC.
Key Highlights
- Nava Ltd commissions 100 MW solar project in Zambia.
- Power evacuation to Zambian grid has begun.
- Secured a 20-year PPA with ZESCO Limited.
- Strategic diversification into utility-scale renewable energy.
Price Impact
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