Local Firm LSCG Wins Bid to Install 70MW Solar Power System at New PP Airport

Local firm LSCG Real Estate Co., Ltd has won a bid to install a 70MW solar power system at the new Techo International Airport.

According to LSCG CEO Ly Sokchhay, the contract agreement was signed on 22 February with an investment value of US$168 million.

“The project is the cooperation between our partners in China. Therefore, the solar panels and other equipment will be imported directly from China along with other modern know-how technology and experts,” said Mr Ly.

“The system will be installed at the east side of the airport and will be done in three phases. Meanwhile, the installation is set to begin in the next several months, aiming for completion before the airport construction,” he added.

Mr Ly explained that solar energy is green renewable energy that will not only help the airport operation be more cost-effective and cleaner, but also help increase the value of the airport construction in terms of sustainability.

As of late January, the US$1.5 billion Techo International Airport project was 30% complete with a total amount of US$390 million spent excluding the cost of purchasing the land.

The airport is a massive investment project by OCIC’s subsidiary Cambodia Airport Investment Co., Ltd (CIAC) stretching over a 2,600-hectare plot with the first phase of the construction set to finish by 2023. (Read more)

 

- Video Advertisement -

Related Post

30-year journey of creating norms for Pebsteel’s pre-engineered steel building and steel structure industry

Being a global enterprise with solutions for pre-engineered steel building and steel structure, Pebsteel has gained credibility from customers with a series of projects in over 50 countries. Pebsteel has made continuous efforts to improve itself and maintain its pioneering and leading position for 30 years. Build a solid foundation for the pre-engineered steel industry […]

Borey Peng Huoth Launches Exclusive Pre-Sales for Eco Poly 2 with Attractive Investment Opportunities

Visit the Video Here Borey Peng Huoth, a prominent leader in Cambodia’s real estate sector, has announced the highly anticipated pre-sales event for its latest development, Eco Poly 2. This exclusive event will run from 22 to 24 November 2024, taking place at the newly constructed Villa Queen Modern Model House in the Grand Star […]

Borey Peng Huoth Introduces Special Water Festival Instalment Offer with 9% Interest on 19-Year Terms

Borey Peng Huoth announces an attractive new opportunity for buyers this Water Festival season, offering a 9% annual interest rate on direct instalment payments for up to 19 years, without requiring an income verification. The promotion, available across all Borey Peng Huoth projects, also includes a range of exclusive vouchers for new homeowners—underscoring Borey Peng […]

The Star Mera Garden: Ideal Housing for Every Stage of Life with Exclusive Offers in Phnom Penh

Life in Phnom Penh can often be disrupted by noise, car emissions, and unclean air, which negatively impact the well-being of the elderly. So, where can you find a place that strikes a balance—neither too noisy nor too quiet, with minimal toxic smoke? The Star Mera Garden, a premier housing project by Borey Peng Huot […]

K Mall Veng Sreng Unveils New Expansion to Elevate Phnom Penh’s Retail Experience

Urbanland, a Cambodian real estate developer, is pleased to announce the highly anticipated expansion of K Mall Veng Sreng, set to launch in late 2024, aiming to redefine shopping in Phnom Penh. This major development will add more retail spaces and generous public areas, enhancing the mall’s capacity to welcome and serve its growing number […]

Borey Peng Huoth Launches Unprecedented 19-Year Instalment Plan at Only 9% Interest

Celebrating 19 years of real estate excellence, Borey Peng Huoth offers an unparalleled financing opportunity with its new “19 Years Biggest Offer” program. Homebuyers can now take advantage of a 19-year direct installment plan with the company at just 9% annual interest without needing income verification. The company also provides exclusive benefits, such as attractive […]