Work on 140-megawatt solar power stations continues as planned

Four solar projects with a total generation capacity of 140 MW and total investment costs of around US$132.5 million are on course as planned although other mega power projects have seen construction suspended due to the COVID-19 pandemic.

The four solar projects were approved by the government in 2019. As planned, construction is scheduled to be completed before the end of 2020. Those plants are:
1. Green Sustainable Ventures Co Ltd invested US$17.5 million on a 20-megawatt solar project in Bavet town in Svay Rieng province.
2. Ray Power Supply Co Ltd invested US$28.8 million on a 30-megawatt solar project in the Sereysophon district in Banteay Meanchey province.
3. Risen Energy Co Ltd invested US$57.2 million on a 60-megawatt solar farm in Thmor Kol district in Battambang province.
4. Schneider Infinite Co Ltd invested US$29 million on a 30-megawatt solar plant in Krakor district in Pursat province.

(Read more)

Victor Jona, a spokesman at the Ministry of Mines and Energy, said on Wednesday that construction processes on the projects continue smoothly and have not been impacted by the outbreak of the coronavirus.

“Because the solar plants are normally on a small scale, they are easy to be installed and have not been impacted by the COVID-19 pandemic unlike other energy projects especially those of million-dollar investments,” said Mr Jona.

A 400 MW power plant, located in Lavea Em district, Kandal province, which was scheduled to generate power for the grid in the first semester this year, has seen construction suspended due to contracted construction firms from China being impacted by COVID-19.

Meanwhile, two coal-fired power plants, one with a generation capacity of 700 megawatts in Koh Kong province and another with a 265 megawatt capacity in Oddor Meanchey province, were expected to be reconvened by the Senate on 2 April after the National Assembly approved the draft provision of a state guarantee on 30 March.

- Video Advertisement -

Related Post

Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid

Cambodia has inaugurated a modern National Assembly administration building, constructed with a USD25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly of Vietnam, symbolising the enduring friendship between the […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]

Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]

Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri

China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]

Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector

Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]

ARK Electronics Group Unveils USD1.3 Billion AI driven Industrial Park Project in Kampong Speu

ARK Electronics Group, a leading Chinese company, has announced an ambitious USD1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu Province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK […]