Logo of Phnom Penh Post newspaper Phnom Penh Post - ADB and EdC look to tender solar park soon

ADB and EdC look to tender solar park soon

ADB and EdC look to tender solar park soon

The Asian Development Bank (ADB) and the state energy provider Electricite du Cambodge (EdC) hope to tender out the first stage of their massive 100-megawatt solar park programme by June of next year, according to an Asian Development Bank official who was speaking at a conference in Bangkok on Friday.

Pradeep Tharakan, senior energy specialist for the ADB, was quoted by Thai media as saying that a feasibility study would begin in January before the first stage of 30- to 50-megawatt capacity is tendered out.

An agreement for the project between the ADB and the EdC was first signed in June this year under a public-private partnership framework that could see the Asian Development Bank providing concessional loans for construction.

MOST VIEWED

  • Chinese ‘prank’ threat video is no joke for Cambodia

    ‘Preah Sihanouk province, in the next three years, whether safe or chaotic, will be under my control,” declared a Chinese man in a white T-shirt, as another 19 men stood behind him shirtless, in a video that went viral on social media last month. After the

  • Woman detained for murder of hairdresser over unpaid $1K debt

    A woman has been held in connection with the murder of a 40-year-old widow. The victim’s daughter claims the motive was the suspect’s unpaid four million riel ($1,000) debt to her mother. The 17-year-old girl, Pich Sievmey, said her mother, Koem Yaneang, a hairdresser

  • ABA reports $71.8M net profit

    ABA Bank, a member of the National Bank of Canada group, recorded a net profit of $71.8 million last year, up 55 per cent from $46.2 million in 2017, its annual report released on Monday stated. A rise in the bank’s loan portfolio and the expansion of stated

  • ‘Life goes on’ if Cambodia loses Everything But Arms

    Cambodia's business sector is exploring ways to mitigate any fallout from a possible loss of access to the EU’s Everything But Arms (EBA) agreement as talks continue before the 28-member bloc makes a final decision. The EU monitoring process is set to conclude in