Thai Power Plant for Cambodia

[geovalin]

Two of Thailand’s leading small-sized power producers Sahacogen (Chonburi) Pcl and Saha Patthana Inter Holding Pcl, have entered into a joint venture to build biomass power plants in Cambodia and Myanmar with a total investment of about $20 million, according to a Singapore-based online business news agency. DealStreetAsia quoted Viroj Theeravatvatee, managing director of Sahacogen (Chonburi) Pcl, as saying the new power plants would provide the unmet demand for electricity in both countries.

“Electricity supply in Cambodia and Myanmar is insufficient. We plan to invest in Cambodia first. We still have some land leasing issues to sort out in Myanmar. We are also considering a gas-based power plant in Myanmar as another option,” he said. Tun Lean, director of the General Energy Department at the Kingdom’s Ministry of Mines and Energy told Khmer Times yesterday that his ministry had yet to receive any formal notification from the two Thai companies. He did not elaborate further.

Mr. Viroj said the firm was working on the details of the power purchase agreement with the Cambodian government and hoped to finalize the investment plan by the middle of next year. The company plans to set up one plant outside Phnom Penh and another near the Thai-Myanmar border. Each project will have a generating capacity of 10 megawatts.

read more http://www.khmertimeskh.com/news/26880/thai-power-plant-for-cambodia/

[whatproblem]

Thai power plant is that one that only works a little and takes power instead of producing it

[sanukjim]

WOW, This must be some sort of brother-in-law deal.Why would any one have a Thai company do any construction for them? This has to be the Holy Grail of stupidness.