Sesan dam to ensue this year
CAMBODIA’S Royal Group voiced yesterday which it would ensue with a Vietnamese partner upon a US$ 700 million hydroelectric plant along a Lower Sesan River, with building a whole due to begin by a finish of a year.
The 400 megawatt Sesan hydro plant will be located 40 kilometres northwest of a locale of Stung Treng as well as is approaching to come in blurb operations in 2017, a Royal Group matter said.
“This energy era plan will minister severely to a one after another mercantile growth of Cambodia, ensuring a arguable, moderately-priced supply of physical phenomenon, ” pronounced Royal Group Kith Meng in a statement.
The corner try – called a Cambodia-Vietnam Hydropower Company – is 51 percent owned by EVNI Corner Stock Company of Vietnam, with a residue hold by Royal Group, officials pronounced progressing this year. A try was strictly determined yesterday during a 2nd Cambodia-Vietnam Conference upon Investment Promotion during Phnom Penh’s Peace Palace, where a series of deals were signed.
Negotiations for a supply of physical phenomenon have been currently underway, Kith Meng pronounced yesterday, adding they were “about 90 percent accomplished already.”
Royal Group pronounced in a matter which plan studies have been complete.
The stroke of large-scale hydroelectricity projects has been a quarrelsome issues in a Kingdom.
Chith Sam Ath, Executive Director of NGO Forum, urged a corner try to sense from what he saw as a problems caused by alternative dams. One in sold, a Yali Falls Damn in Vietnam, “created a lot of disastrous stroke for a people who live downstream, ” he said.
Kith Meng declined to plead a venture’s environmental stroke criticism yesterday as well as referred questions to supervision officials.
Officials from a Environment Ministry declined criticism yesterday. EVNI had valued a price of a plan during$ 806 million in a 2010 matter upon a website. ADDITIONAL REPORTING SEN DAVID
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