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Senate OKs draft law on electricity purchases

Senate OKs draft law on electricity purchases

The Senate approved a draft law yesterday that will guarantee the state’s purchase of electricity from two large-scale private energy projects.

The agreement guarantees that the state will purchase any excess power sent through Alex Corporation’s 220-kilometre transmission line that connects the Stung Tatai hydropower dam in Koh Kong province to Phnom Penh, and energy produced by a 150-megawatt coal-fired plant that Cambodian Energy II Co Ltd (CEL2) is developing in Preah Sihanouk province.

The approval from the Senate did not change any wording from what the National Assembly had already approved earlier this month. Both projects are set to be completed by 2020.

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