Pursuit of coal power puts off international brands
A coalition of international companies that source from Cambodia have expressed concern over the Kingdom’s recent approvals of coal-fired power stations, which they say undermine its investment attractiveness. In a letter addressed to the government and set to be delivered to authorities later this month, the companies warned that Cambodia’s pursuit of new coal-power projects, instead […]
Global Brands Say Future Orders at Risk Given Cambodia’s Increasing Coal Power
PHNOM PENH — Major global brands have raised serious concerns over Cambodia’s embrace of coal power plants, which they say is out of step with their environmental commitments and could risk future investments. The brands, who source garments and footwear from Cambodia, sent the letter to Economy Minister Aun Pornmoniroth on August 11, warning of […]
Pestech lists on exchange
Power transmission provider Pestech (Cambodia) Plc on Wednesday became the 13th company to list on the Cambodia Securities Exchange (CSX), following an arduous preparation process marred by the Covid-19 pandemic. In its initial public offering (IPO) Pestech Cambodia, a 100 per cent owned subsidiary of Malaysia-based Pestech International Bhd, issued 3.9 million shares (5.26 per cent […]
New coal-fired power plant in Cambodian national park commissioned
Phnom Penh (VNA) – The Royal Group, Cambodia’s biggest private firm of tycoon Kith Meng, has secured 168.8 hectares of land in Koh Kong’s Botum Sakor National Park under a leasing agreement to develop a 700 megawatt (MW) coal power plant, according to a government sub-decree. The sub-decree, signed by Prime Minister Hun Sen and released […]
Cambodia’s shift to coal power riles global brands
PHNOM PENH — Cambodia’s embrace of new coal power projects is making the Southeast Asian state “less attractive” to international brands producing in the country. In a letter addressed to the Cambodian government and seen by the Nikkei Asian Review, several major companies expressed concern about the country’s plans to nearly triple the amount of power […]
New coal-fired power plant in national park commissioned
The Kingdom’s tycoon Kith Meng’s Royal Group has secured 168.8 hectares of land in Koh Kong’s Botum Sakor National Park under a leasing agreement to develop a 700 megawatt (mW) coal power plant, according to a government sub-decree.
New $231M Pursat dam built
Groundwork is underway on South Korean-owned SPHP (Cambodia) Co Ltd’s massive $231 million Stung Pursat I hydroelectric dam in Pursat, provincial deputy governor Khoy Rida told The Post on Monday. Ministry of Mines and Energy senior official Victor Jona said the dam is located in Veal Veng district’s Pramuoy commune and will be able to produce […]
As Tonle Sap Drys Up, River Commission Urges More Data Sharing to Address Low Mekong Levels
PHNOM PENH — The Mekong River Commission asked countries along the waterbody to share data of falling water levels in the river, especially in light of the record dry conditions witnessed in the Tonle Sap Lake. The river commission released a press release on Friday urging the six countries along the Mekong River to address record low […]
