Cambodian company to build coal power plant

Dec 11, 2010
By The Associated Press

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.