Monday, February 20, 2017

Cambodia: Cabinet approves power projects

Cambodia: Cabinet approves power projects

The Cabinet of ministers approved on Friday two electricity development
projects in a bid to address the increasing demand for electricity in the
kingdom.

The two projects will be a 230-kilowatt transit grid development project
from the Ta Tei dam in Koh Kong province as well as a coal-fired electricity
plant in Preah Sihanouk province, both of which are expected to begin
generating electricity by 2019.

"Prime Minister Hun Sen is hoping to benefit poor people by providing an
opportunity for everyone to have access to cheap electricity nationwide,"
Cabinet of Ministers spokesperson Pay Siphan said on Facebook.

The transmission line in the Koh Kong province project will be 220
kilometers long in order to be able to connect to Phnom Penh and will cost
Alex Cooperation, the investment company heading the project, $136 million.

The 135-megawatt coal-fired power plant in Preah Sihanouk province will be
built to replace the Cheay Areng Dam in Koh Kong province which has since
shut down. The project will be headed by Malaysian company Cambodia Energy
Limited which already has a 50-megawatt plant in the province. The company
is expected to invest $250 million into the project.

Supreme National Economic Council senior advisor Mey Kalyan said that the
progress in electricity generation will drive national economic growth by
meeting the increasing demand for electricity.

"It will help develop the quality of electricity which will boost the
progress of the industrial sector. While we have quantity, we still don't
have quality," Mr. Kalyan said.

He also said that the project will reduce the country's dependency on
importing electricity from neighboring countries, adding that producing
power domestically will also be more economical.

Electricity prices in Cambodia are among the highest in the region with the
most inexpensive option coming from the national grid costing between $0.11
and $0.27 per kilowatt hour.

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Link to Original Article:
http://www.khmertimeskh.com/news/35605/cabinet-approves-power-projects/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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