PHNOM PENH, Cambodia (AP) — Cambodia's government has given its approval for a local company to build a 700-megawatt coal-fired power plant to help cope with the country's electricity shortage.
A government press release said Friday that Cambodia International Investment Development Group Co, Ltd had been awarded a 33-year contract to build and operate a $362 million power plant in the coastal province of Preah Sihanouk, the first Cambodian company to undertake such a project.
The statement said the plant would produce 270 megawatts in its first phase, due to be completed by 2015.
In September, a Chinese company, Erdos Electrical Power & Metallurgical Co., announced plans to build a 700-megawatt coal power plant in the same province. It was not immediately clear if the projects were related.
Friday, December 10, 2010
Cambodian company to build coal power plant
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