Logo of Phnom Penh Post newspaper Phnom Penh Post - Two power plants get ministers council OK

Two power plants get ministers council OK

Content image - Phnom Penh Post
A worker carries empty concrete bags past the Kamchay hydropower dam in Kampot province the day it came online in 2011. Pha Lina

Two power plants get ministers council OK

The Cambodian government on Friday approved two power plant projects worth more than $1.3 billion in total in what authorities said was an effort to reduce the Kingdom’s dependence on imports.

The Council of Ministers approved construction of two power projects, the first, a $1.29 billion, 700-megawatt coal-fired plant in Preah Sihanouk province, and the second, a $58 million, 60-megawatt solar-panel plant in Kampong Speu province.

The two projects are under a build-operate-own concession (BOO) of 35 and 20 years respectively, said the Council of Ministers. However, their statement did not provide details of the projects, including the developers.

Yun Min, the provincial governor of Preah Sihanouk, declined to provide details, saying only that the project is new and located in Stung Hav district.

There are currently two other coal-fired plants in Stung Hav, including Cambodia’s first, opened in 2014 by Malaysian-owned Leader Universal Holdings at a cost of $195 million.

The Phnom Penh Post previously reported that Royal Group, Cambodia’s biggest conglomerate, owned by tycoon Kith Meng, is also seeking to develop a coal-fired power plant in the province.

Kampong Speu Provincial Governor Vy Samnang confirmed on Sunday that the solar-power plant will be built on 200 hectares adjacent to Nation Road 51 in Oudong district.

While declining to name those involved in the project, he said it would be the first solar-power project in the province and that its investor is foreign.

“We hope our people will have enough electric power when the project comes online. It will help to lower electricity prices and attract more factories to Kampong Speu,” he said.

The government had repeatedly said that the development of solar power is strongly encouraged.

Quoting a recent government report, Samnang said with the existing infrastructure, more than 81 percent of villages across the country can now access electric power.

The government’s goal is for all villages in Cambodia to have electricity access by 2020, and for at least 90 percent of households nationwide to be connected to the grid by 2030.

Additional reporting by Hin Pisei

MOST VIEWED

  • 12th Cambodia int’l film festival to see return of Hollywood star

    Phnom Penh is set to come alive with the magic of cinema as the highly anticipated 12th Cambodia International Film Festival (CIFF) takes centre stage. Boasting an impressive line-up of 188 films from 23 countries, including captivating shorts, feature films, documentaries and animation, the festival promises an

  • Bareknuckle champion wants Kun Khmer fighter

    Dave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was

  • Brawl marrs football final as Indonesian take gold in seven goal thriller

    The Indonesian men's U22 men national football team were crowned champions of the 32nd SEA Games in Cambodia, defeating Thailand 5-2 in extra time on May 16 at Olympic National Stadium in Phnom Penh. The match was marred by an ugly incident that occured in the 91

  • Candlelight Party disqualified from July general election

    The National Election Committee (NEC) has disqualified the Candlelight Party (CP) from contesting the upcoming general election, citing a lack of valid documentation. NEC spokesman Khorn Keomono said the CP failed to fulfil one of the three main requirements: including original documentation proving their registration

  • 1.4 billion dollar Phnom Penh-Bavet expressway due in four years

    The Government, through the Ministry of Public Works and Transport, has officially signed a public-private partnership agreement with a private company for the construction of a Phnom Penh-Bavet Expressway project that will connect the capital to Svay Rieng province. The budget for the project is

  • New Law on Taxation comes into effect

    Cambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom. King Norodom