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Nava Bharat Ventures updates on operations of Maamba Collieries

Capital Market 

Nava Bharat Ventures announced that the company's Zambian subsidiary, Maamba Collieries had planned the major overhaul of the two units of 150 MW each, as mandated by the OEMs, sequentially in this calendar year.

The major overhaul and resumption of generation of the first unit got delayed due to unforeseen damage to certain critical parts requiring replacement and extension of the outage.

This Unit has since resumed generation by end of July 2021 and is in normal operation.

As planned, the major overhaul of the second unit of 150 MW has now been taken up and is expected to be completed by end of October 2021.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, August 30 2021. 17:34 IST