Energy and Environment
New Battambang Solar Power Station Over 90% Complete Receives Additional US$45-million in Funding
Chinese firm Risen Energy has injected an additional US$45-million funding into the new 73-megawatt Battambang power plant project, while the construction of the plant is over 90% complete. Risen Energy has received this additional funding in form of debt from DEG and ICCF (The Interact Climate Change Facility, the European Investment Bank, and eleven European Development Finance Institutions)....
Read MoreTwo Private Firms Approved to Mine Over 20,000 hectares in Tbong Khmum and Ratanakkiri
On 21 December, the Ministry of Mines and Energy issued licenses for two private firms to continue their mining activities on over 20,000 hectares in Tbong Khmum and Ratanakkiri provinces. The first company is Renaissance Minerals (Cambodia) Limited, who got permission to mine within the area of 107.1 square kilometres in Memot district of Tbong Khmum province. Meanwhile, approval was given ...
Read MoreTransmission Line Connecting from Oddar Meanchey Power Plant to Siem Reap to Operate Soon
A 230-kilovolt power transmission line connecting from the coal-fired power plant in Oddar Meanchey to Siem Reap is scheduled to operate soon. According to the Siem Reap Provincial Administration, the responsible firm Pestech (Cambodia) PLC is constructing the foundation of the transmission line and cutting down trees that block the line. This transmission line is 135-kilometre long and 30-m...
Read MoreMinistry Approves KrisEnergy’s Oil Production Deadline Extension to April Next Year
The Ministry of Mines and Energy has approved KrisEnergy's request to extend the deadline of oil production to April 2021, even though the company failed to extract oil many times since mid-2020. HE Cheap Sour, Director-General of Petroleum of the Ministry of Mines and Energy, said that the measures for the failure to extract oil are based on contracts. "The Ministry has given permission bec...
Read MoreExpert: Major Infrastructure Projects in 2021 to Focus on Green Development
Giant developer firms such as Vinci, Ferrovial, and ACS next year will shift their focuses to sustainable development by building more green infrastructure and renewable energy projects. According to an analysis by Fitch Solutions published on the Global Construction Review website on 14 December, this shift aims to follow the country's goals to reduce CO2 emissions and maintain economic growth...
Read MoreAngkor Resources Corp’s Gold-in-Soil Tests Show Positive Result
Canadian firm Angkor Resources Corp (ANK)’s recent test has shown a positive result of gold-in-soil anomalies in the Andong Meas licensed area of Cambodia. The firm also cited that it has already started the surface mapping progress for the 2021 work program. According to the firm, the positive result is another big step demonstrating that the Andong Meas zone is rich in potential gold prospect...
Read MoreGov’t Inks Deal on Stung Tatai Leu Hydropower Dam and 500-kilowatt High-Voltage Transmission Line
The Ministry of Mines and Energy has recently inked a deal allowing two private firms to invest over US$830 million in building a 150-megawatt hydropower dam and two high-voltage transmission lines. The agreement was signed by the Minister of Mines and Energy HE Suy Sem and representatives of the two investment firms on 08 December. The 150-megawatt hydropower investment project named the St...
Read MoreConstruction of Cambodia’s First Oil Refinery Plant Temporarily Paused
Construction on the first-ever oil refinery plant in Cambodia, expected to be complete by 2022, has been temporarily paused due to the developers' financial shortage. According to the initial plan, the project, which broke ground since 2017, should have already gone online since early 2019. Although completion was once postponed to 2022, and now construction has been paused once again. Direc...
Read MoreGov’t Officially Approves US$1.1 billion 700-megawatt Coal-fired Power Plant in Koh Kong
The Cambodian government through The Council for the Development of Cambodia this morning (8 December) officially allowed Royal Group’s subsidiary Botum Sakor Energy Co., Ltd to proceed with the US$1.1 billion 700-megawatt coal-fired power plant in Koh Kong province. Located in Thmor Sor and Chamlang Kou village, Khum Thma Sa, Botum Sakor district, this massive plant will be able to create at l...
Read MoreThree More Solar Power Plants Set to go Online in early 2021
Three solar power stations will go online and link to the national grid early next year, with the construction of the three projects on average 90% complete. According to the Director-general of Energy and spokesman at Ministry of Mines and Energy HE Victor Jona, the three solar projects are among four solar projects the Cambodian government approved last year. “The project constructions are...
Read More