Monday, March 15, 2010

Cambodia spends 59 mln USD to import electricity in 2009

PHNOM PENH, Mar. 15, 2010 (Xinhua) -- Cambodia spent 59 million U.S. dollars on electricity imports from Thailand and Vietnam last year, local media reported on Monday, citing figures of the Ministry of Industry, Mines and Energy.

The Kingdom purchased 226.76 billion kilowatt-hours in 2009 from Thailand for 19 million U.S. dollars, and 500.74 billion kWh from Vietnam for 40 million U.S. dollars.

New factories and apartment buildings had led to rising electricity demands, Ty Thany, director of the Department of Finance and Price Setting at the ministry was quoted by the Phnom Penh Post as saying.

"We will import 25 to 30 percent (of our electricity supply) for this year in order to reduce costly local power generation," Ty Thany was quoted as saying.

Cambodia buys electricity from Thailand at 2.7 baht (0.083 U.S. dollar) per kWh and from Vietnam at 0.08 U.S. dollar per kWh compared with a cost of 0.18-0.20 U.S. dollar per kWh using oil- powered generators.

"We may be able to reduce imports of electricity in 2013 because we will have hydroelectric dams and coal power plants to generate electricity by ourselves then," he added.

The Ministry of Industry forecasts that Cambodia will require about 400 megawatts of electricity this year, 50 percent more than current domestic supply.

5 comments:

Anonymous said...

It's good for you Suy Sem, I remember that one Company (Taiwan and America) want to set up apower station in Siem Reap but they can't because your hard condition. All of you are happy to join electricity with Thailand and VN especially H.E Ith Prang that affirm about friendship between Khmer and Thai..........

Anonymous said...

come on1 is US has up to Vietnamese standar?

Anonymous said...

Hey! Obama does not get Ph.D. from Hanoi!!!!

Anonymous said...

It's million kWh! or GWh not billion kWh. Cambodians will be electrocuted with 500 billion kWh.

Anonymous said...

It's million kWh! or GWh not billion kWh. Cambodians will be electrocuted with 500 billion kWh.