Cambodian Gov’t Abandons US$1.5billion Coal Power Plant for Sustainable Energy Future

In a monumental shift towards environmental responsibility, Cambodia has chosen to forgo the construction of a US$1.5 billion 700MW coal-fired power project in a protected reserve along the southwestern coast. Instead, the nation is set to embrace a cleaner future by establishing an 800MW natural gas-fired plant, revealed HE Keo Rottanak Minister of Mines and Energy in an announcement to Reuters on 29 November 2023. (Read More)

As a pivotal component of this transformative initiative, Cambodia is actively considering the development of a liquefied natural gas (LNG) terminal, aiming to import this eco-friendly fuel and re-gasify it for utilization in the envisaged power plant.

Minister Rottanak anticipates that the LNG terminal, likely to be a groundbreaking land-based facility, would not only be a first for Cambodia but would also position the country as a new import market in Southeast Asia, following in the footsteps of Vietnam and the Philippines, which embarked on their inaugural LNG shipments in 2023.

“The Cambodian Prime Minister Hun Manet will announce on 30 November the cancellation of the 700 MW coal power plant project in Koh Kong and the plan to replace it with an 800 MW LNG to be commissioned after 2030,” Rottanak told Reuters.

The cancellation of the Botum Sakor coal plant, a project mired in controversy over environmental concerns, signifies Cambodia’s resolute commitment to cleaner energy alternatives. The decision aligns with the nation’s ambitious goal to increase its share of clean generation capacity to 70% by 2030, up from 52% in 2022. This transition involves the development of new solar and wind farms, along with hydro projects, marking a significant stride towards a sustainable and eco-conscious future.

(Read More)

- Video Advertisement -

Related Post

NR 41 Restoration Project Achieves 97% Completion with Over USD 67 Million Investment

The extensive restoration and upgrade of NR 41, spanning 95 kilometres, has reached 97.01% completion as of November 2024. This transformative infrastructure project, valued at over USD 67 million, is funded through a concessional loan from the Chinese government and aims to enhance regional connectivity and economic growth. The update was confirmed during an inspection […]

Don’t Miss the Cambodia Construction Expo 2024 to Showcase Over 2,000 Products and Services on 5-7 December

The Cambodia Construction Expo 2024, the nation’s most anticipated event for the construction industry, kicks off tomorrow, 5-7 December 2024, at Koh Pich Exhibition Centre. Organised by the Cambodia Constructors Association (CCA), the three-day event will feature participation from hundreds of domestic and international companies, showcasing over 2,000 products and more than 50 services, making […]

Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville

The Cambodian government has granted special incentives to HUALE STEEL (CAMBODIA) CO., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalised during a meeting led by His Excellency Dr Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The […]

Chinese Firm to Invest in Cambodia’s Growing Flower Industry

A significant development in Cambodia’s agricultural sector is underway as a leading company from Yunnan Province, China, has announced plans to invest in flower cultivation and supply within the country. This initiative follows discussions held on 27 November 2024 between Mr. Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee, and a Chinese delegation led […]

By 2024 Cambodia Completed Nearly 8,000 Hectares of State-Owned Private Land Registration Covering Four Strategic Locations

Cambodia made significant strides in land management in 2024, with the Ministry of Land Management, Urban Planning, and Construction successfully registering 7,725.30 hectares of state-owned private land across four major locations. The registered sites include 892.19 hectares in Romdos Sre commune, Choam Ksan district, Preah Vihear province; 4,806.42 hectares in Rayor commune, Mondulkiri province; 1,181.58 […]

Royal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services

Royal Railway Plc, a subsidiary of the Royal Group, has taken delivery of 60 brand-new flat wagons as the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing […]