Nava Bharat Achieves Financial Closure for 300 MW Coal Project

Nava Bharat Ventures, a company engaged in power, mining and ferro alloys businesses, today said it has achieved financial closure for 300 MW coal-fired thermal power project, estimated to cost $828 million, which is being set up in African nation Zambia. "Our step-down subsidiary Maamba Collieries Ltd (MCL) has achieved financial closure for its integreted coal and power project estimated to cost $828 million," Nava Bharat Ventures...