Thai firm to energise Poipet industrial park

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February 21, 20179 yr

Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc and operator of the soon to be completed Poipet Special Economic Zone (Poipet PPSEZ), signed a memorandum of understanding yesterday with a leading Thai energy provider to supply power to the 66-hectare industrial park.

The agreement signed with B Grimm Power Pcl, a member of Thai B Grimm Group, offers the exclusive right to develop and operate power transmission infrastructure through a power purchase agreement for Poipet PPSEZ, which is in late-stage construction on the outskirts of Poipet. It also guarantees the future right to construct power generation facilities for the industrial zone.

Both parties will now conduct a feasibility study for the construction of an initial 12.4 kilometre, 22 kilovolt transmission line connecting the SEZ with Poipet’s power substation, the two companies said during the signing ceremony.

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