Cambodia dreams of an oil gushing bonanza
Amid electricity cuts, parched hydropower dams and millions of dollars of blackout-related economic losses, a bright spot could be emerging on Cambodia’s energy front. After nearly two decades of false starts, Cambodia has announced it will begin to extract oil for the first time later this year, representing a potential rich new source of energy […]
Cambodia electricity authority “in a race” to prevent 2020 cuts
The head of Electricite Du Cambodge (EdC) said yesterday (Aug 8) that the utility is in “a race against time and a race against nature” to get two new generators installed and commissioned ahead of the next dry season if power cuts similar to earlier this year are to be avoided. EdC director-general Keo Rottanak […]
Cambodia electricity shortage cripples small businesses
Large parts of Cambodia have had to endure hours of daily power outages after the country’s main provider said it was unable to meet demand due to dry weather. Small businesses are suffering the most. It’s hot and humid in KT Beauty, a salon owned by Morn Sokunthea. The red-and-black chairs are empty. The fans […]
Cambodia electricity to stay higher than neighbours as EBA jitters emerge
In a blow to any hopes Cambodia may have had of mimicking the manufacturing and industrialisation might of Thailand or Vietnam, the head of the country’s electricity authority on Thursday (Aug 8) said that the cost of electricity in Cambodia will “never be as cheap” as in neighbouring countries. Electricite Du Cambodge (EdC) director-general Keo […]
Cambodia embraces Belt and Road Initiative
President Xi Jinping’s announcement of the Belt and Road Initiative (BRI) in 2013 was widely welcomed by many Asian countries. Studies suggest that there is a significant need of infrastructure development across Asia, including Southeast Asia. According to the ADB Report in 2017, Asia needs at least $8.2 trillion in financing infrastructure investment from 2010 […]
Cambodia embraces dirty energy fearing drought-driven shortages
Successive droughts in recent years have caused a power crisis in Cambodia, prompting the government to rapidly invest in and build coal and oil plants.
Cambodia gets $127.8 million ADB loan to help expand power grid
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply.
Cambodia gold production starts at nation’s first commercial mine
Cambodia entered the ranks of the world’s gold producers with the start of output in the Okvau region of Keo Seima district in Modulkiri province where Australian mining company, Renaissance Minerals, has carried out 14 years of exploration and research. Its Cambodian subsidiary aims to produce three tonnes of pure gold a year over an […]
Cambodia greenlights two coal projects with 965MW capacity
A 700MW plant will be developed by China’s Sinosteel and local company Royal Group. The government of Cambodia has approved the construction of two coal-fired power plants totalling 965 MW. The government has approved a 265 MW coal-fired power project worth US$294m developed by the local company Han Seng Coal Mines in the northwest Oddar […]