Thais to build biomass plant for Phnom Penh

Jul 6th at 08:04
06-07-2016 08:04:39+07:00

Thais to build biomass plant for Phnom Penh

Thailand's Sahacogen (Chonburi) Pcl, an independent producer and distributor of electricity and steam, will form a joint venture with Saha Patthana Inter Holding Pcl, the investment arm of Thailand’s Saha Group, to invest in biomass power plants in Cambodia and Myanmar, according to online business intelligence platform DealStreetAsia.

The new company intends to invest around $20 million in new power plants, including a 10-megawatt plant to serve Phnom Penh. It hopes to finalise the plan by mid-2017.

phnompenh post



NEWS SAME CATEGORY

Angkor Wat continues to lure foreign tourists

Revenue from ticket sales at the Angkor Archaeological Park complex in Siem Reap province, the site of Angkor Wat, increased slightly during the first half of the...

Cambodia's economic status raised to lower-middle income

The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a...

Wing to process business registry fees

The Ministry of Commerce has tapped Wing (Cambodia) Ltd Specialised Bank to be the fourth financial institution designated to handle payments for companies...

K Mile Air launches air freight service

Thai airline K Mile Air launched cargo flights between Bangkok and Phnom Penh yesterday, adding to Cambodia’s growing network of air freight connections, an...

Rice industry body president gets wary vote of confidence

Cambodia's apex rice industry body held its annual general meeting on Saturday, with its members unanimously re-electing its well-connected incumbent president, Sok...

SE Asian startups poised for growth

Golden Gate Ventures recently closed a new $60 million fund for Southeast Asia’s rapidly-growing startup ecosystem. The Singapore-based venture capital (VC) firm...

Another setback for online company registration goal

The Ministry of Commerce has extended the deadline for companies to register online after yet another poor response to its automated online business-registration...

Fifth freedom to open Kingdom’s airspace

The National Assembly yesterday approved a draft law on the implementation of the fifth freedom of the air, a commercial aviation right that grants airlines the...

Korean language skills in demand

The demand for Korean language skills continues to grow as an increasing number of South Korean employers look for Cambodian youth to join their workforce, offering...

Officials bid to increase South Korean investment

A delegation of Cambodian investment officials and prominent private sector businessmen held a seminar in Seoul, South Korea, yesterday in an effort to drum up more...


MOST READ


Back To Top