Tuesday, November 29, 2011

Cambodia Electricity prices, rice and garment production

Electricity purchases shown local supply short

The Cambodian government has released its first breakdown of energy
purchasing from neighboring countries, highlighting what officials say
is the importance of domestic power production and continued
investment in the sector.

Of the 500 megawatts of power consumed each year by Cambodia, 42% was
bought from Thailand, Laos and Vietnam.

The Kingdom's demand for power would increase by as much as 500%
during the next 15 years, reaching about 3,000 megawatts by 2025.

The high cost of electricity had stymied Cambodia's milled-rice and
garment-production capacity.

High priced power was the leading cause of un competitive milled rice exports.

The Kamchay hydroelectric dam-a $280 million investment by China's
Sinohydro Corporation is scheduled to open on December 6.

The dam, 112 meters high, will generate 193 megawatts a year.

Sinohydro has a 40-year contract to operate the dam.

(The Phnom Penh Post)