Bids sought for coal mining licences
The Mine and Energy Ministry has called on local and foreign companies to bid for the Kingdom’s coal mining exploration licences in Oddar Meanchey. The announcement wants both local and foreign private companies to apply for a licence to explore coal mines within a 200 square kilometre area in the province’s Ou Svay commune in Trapeang […]
KrisEnergy secures $87 million loan facility for Phase 1 of Apsara oil fields in Cambodia
KrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. The credit facility agreement was signed with Kepinvest Singapore Pte and constitutes project financing for the funding of the funding of the development of the Group’s near-term development project at Cambodia Block A, […]
$8 million solar bike investment unveiled
The Korea Energy Agency (KEA) has announced it is planning to invest in a project supplying electric bikes and building solar charging stations in the Kingdom. KEA, a government agency carrying out national energy policies for energy efficiency improvement and renewable energy dissemination, plans to inject 10 billion won ($8 million) in its project, local media […]
No power shortage during dry season: Ministry
The Ministry of Mines and Energy said there is no shortage of electricity during this year’s dry season as compared to last year. Even so, the ministry said it would continue to boost electricity access in all households across the country by at least 78 percent this year. Speaking in a press conference held at the […]
Winds of change for energy industry
A leading Southeast Asia energy firm’s plans to create the Kingdom’s first wind turbine farm are one step closer to being realised. Singapore-based The Blue Circle are in the early stages of negotiation with the state-run electricity supplier Electricite du Cambodge (EDC) to thrash out a power purchase agreement (PPA) over the farm, which will be […]
Cambodia Looks to Solar Power, But Remains Invested in Coal, Hydropower
The Ministry of Mines and Energy on Tuesday said it was looking to quadruple its current installed solar power output, even while continuing to invest in coal-fired plants and hydropower on smaller tributaries.
Cambodia hoping to produce oil this year, despite global slump
As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official.
Cambodia’s power project secures first guarantees from MIGA
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees supporting the refinancing of existing power transmission infrastructure in Cambodia’s capital of Phnom Penh and its surroundings. The move paves the way for commercial funding to replace the facility previously offered by the Export-Import Bank of Malaysia.
