Cambodia's biggest hydropower dam now producing electricity

FILE - In this Jan. 10, 2018, file photo, China's Premier Li Keqiang, left, heads to the meeting room with his Cambodian counterpart Hun Sen before the opening of the Mekong-Lancang Cooperation forum Leaders Meeting in Phnom Penh, Cambodia. Cambodia's largest hydropower project officially began producing electricity Monday, Dec. 17, 2018, as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion. (AP Photo/Heng Sinith, File)

PHNOM PENH, Cambodia — Cambodia's largest hydropower project officially began producing electricity Monday as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion.

Prime Minister Hun Sen inaugurated the 400-megawatt Lower Sesan II hydropower dam in the northeastern province of Stung Treng. The project, constructed on a build-operate-transfer basis, will boost the country's production of electricity by 20 percent, according to the Ministry of Mines and Energy.

It was built over four years at a cost of nearly $800 million and is a joint venture of China's Hydrolancang International Energy, which has a 51 percent stake, Cambodia's Royal Group with 39 percent and Vietnam's EVN International with 10 percent.

The dam is expected to bring in almost $30 million in tax revenue yearly. Ownership will be handed over to the government after 40 years.

Opponents say the dam will damage the biodiversity of two tributaries of the Mekong River and devastate the livelihoods and homes of thousands of people. As many as 100,000 people could lose the ability to catch fish.

The dam is the seventh commercial-scale hydropower dam in Cambodia, bringing hydropower production to 1,328 megawatts.

Hydropower supplies 45 percent of Cambodia's electricity consumption, followed by 35 percent from coal-fired power plants and about 5 percent from petroleum and alternative energy.

About 15 percent of electricity must still be purchased from neighboring countries. High utility prices, caused by the shortfall in local supply, are a major obstacle to Cambodia attracting foreign investment.

A government report last year estimated that Cambodia could generate as much as 10,000 megawatts from hydropower, and development of additional projects is underway.

China is Cambodia's largest investor in developing hydroelectric dams and other infrastructure projects.

You may also interested in

Cambodia deports Chinese accused of operating...

Oct 12, 2017

Cambodia deported dozens of Chinese citizens accused of extorting money from women in their...

Cambodia's top court orders opposition party...

Nov 16, 2017

Cambodia's Supreme Court has ordered the country's main opposition party be dissolved, in one of...

Cambodian Cabinet endorses amendment banning...

Feb 2, 2018

Cambodia's Cabinet has endorsed an amendment to the criminal code making insulting the king a...

Cambodia's leader says no negotiations with...

Mar 27, 2018

Cambodia's leader has strongly rejected the idea of reconciliation talks with the country's only...

Cambodia parties register as Hun Sen vows vote...

Apr 30, 2018

Registration has begun for political parties contesting Cambodia's upcoming general election, with...

Top News

Sign up now!

About Us

VNReporter is built to serve the people of Vietnam exclusive reports that best reflect the happenings and achievements in the country. With the rise in the popularity in online news, readers now demand to read quality news in a more modern and easy to read format.

Subscribe Now!