Tuesday, January 12, 2010

China Huadian Plans $558 Million Hydropower Project in Cambodia

Jan. 12 (Bloomberg) -- China Huadian Corp., one of the nation’s five biggest electricity producers, plans to build a $558 million hydropower plant in Cambodia in the company’s largest push to expand its overseas hydropower operations.

Construction of the 338-megawatt plant is scheduled to start next year, China Huadian said in a statement posted on the China Electricity Council’s Web site today. The company signed a financing agreement with the Export-Import Bank of China on Jan. 8, China Huadian said.

The hydropower plant, to be the largest in Cambodia, will be located 180 kilometers (112 miles) west of the capital Phnom Penh, the company said.

15 comments:

Anonymous said...

Hydroelectrics are very bad to all Khmer people due to flooding, mass evictions, damage aqualife, damage and destroy forest and farmerland. It take very big of piece to build reservoir to store overflow water. We must to use solar and wind to make electricity not hydroelectric.

Anonymous said...

Not expensive: 30 uguors = 500 000 000.
Less bad and less expensive than others sources like fossil, nuclear, solar..
Those others don't come to invest in Cambodia.

Anonymous said...

Blood money + guilty money ( from destroying nearly 2 millions of Cambodian lives during pol pot and more like Ujghur refugees) = China's money.

Anonymous said...

China helps Cambodia.
USA fucks Cambodia.

Anonymous said...

...If China will help the Kingdom Of Cambodia not fucks Cambodia people and I believe peace will be restore for climate change in China.

Anonymous said...

there is nothing as a free lunch. cambodia must balance it decisions for the need of development and sustainability for its future.

Anonymous said...

$558 million hydropower plant in Cambodia ... the spending's partition are: $50 million goes to the project, due to the cheap labors. $8 millons go to hunsen's party. $350 millions go to arm trafic to hunsen's army and finally, $150 millions directly to hunsen bank suitzerland's account.

Anonymous said...

The good come with the bad and dirt poor Cambodian people deserve affordable electricity to power street light, eletric train, electric vehicle...and without high power electricity and light, medium, and heavy industries can not exist in Cambodia and Cambodia will be the last Stone Age nation in South East Asia.

Anonymous said...

God bless the Kingdom of Cambodia!!!

Anonymous said...

Yep, i agree! with comments above too! US had screwed Cambodia real bad, they are the murdered of those khmer people...i blamed US for everythings, they even bombard Neak Loeung commune...Fuck US! so, far they have not help shit...in cambodia!



Chantrea,

Anonymous said...

Japan, China had help so much in rebuilding Cambodia these days...!

Mean Chey said...

We should be happy with what we can get from China,Japan and others if there is others on this planet but we should share all what we can get with every living human being in the country .

Anonymous said...

I agree with 7:50. The US fucked Cambodia real bad in the 1970's. We had carpet bombing all over Cambodia that made the Khmer Rouge stronger. Besides fucking Cambodia badly the US wants us to pay for Lon Nol's barrowing to fight the communists during the war years of 1970's. This is plain rape and robery by the USA.

Anonymous said...

One generation passes away, and another generation comes; It has already been in ancient time before us. May God bless those do good to other and GOD shall judge the righteous also the the wicked.
Am I the righteous or Are you the righteous???

Anonymous said...

What about your boss Russia. During Vietnam invasion Russian supplied land mines and they still killing Khmer each day and cambodia still owe Russia $1.5billion us . Why Vietnam and china help cpp repay the debt.

Hydro dam project could a way to cut timber in the area. There many ways of money laundering. Through that Khmer officials earn cash for their pockets.