Nava has commissioned 100 MW solar power plant by its step-down subsidiary, Maamba Solar Energy (MSEL), Zambia, marking a defining milestone in the group journey into renewables. Power evacuation from the plant to the Zambian grid has commenced. MSEL has a 20-year Power Purchase Agreement (PPA) with ZESCO, Zambia's national power utility, for the entire power generated by the 100 MW solar power plant.
This commissioning represents a strategic milestone for the group’s formal entry into utility-scale renewable energy and broadening its business portfolio beyond its traditional core sectors. It reflects a deliberate diversification strategy, positioning it to participate in the global shift toward clean energy, building a scalable platform for future renewable ventures across geographies.
Nava is primarily engaged in the business of manufacture and selling of Ferro Alloys, Generation of Power, and Operation & Maintenance Services for power assets.
