Monday, June 6, 2011

Sinohydro Corp completes a 193 megawatt dam construction in Cambodia

 PHNOM PENH, June 2 (Xinhua) -- The Sinohydro Corporation, the China's leading dam builder, has successfully completed the construction of a 193 megawatt Kamchay hydroelectric dam in Kampot province, some 150 kilometers Southwest of Phnom Penh, said the firm representative on Thursday.
   “We have already completed the dam construction project on schedule,” said Kim Sovan, the firm representative. “The operations of power supply will begin from December this year.”
   He added that the power will be sold to the state-owned Electricite du Cambodge (EDC).
   The Sinohydro Corporation received a 40 year concessional contract from Cambodian government to build-operate-transfer (BOT) the dam.
   The construction has been begun in 2008 with the investment of 280 million U.S. dollars.
   Kamchay hydropower dam is one of the five dams invested by China with the total investments of 1.6 billion U.S. dollars with a total capacity of 915 megawatts.
   The other four dams being constructed are Kirirom 3 with the capacity of 18 megawatt, Tatay river hydropower dam with the capacity of 246 megawatt, Atay hydropower dam of 120 megawatt and the Russei Chrum Krom with the capacity of 338 megawatts.
   Cambodia’s economy has rapidly developed since 2005 and the shortage of electricity has been posing a concern for investors.
   With the operation of the Kamchay hydropower dam by the end of this year, it is expected that the cost of power in this country will be cheaper.   (Nguon Sovan)

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