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Kampong Solar

Sector: Solar • Location: Cambodia

Source: International Finance Corporation (IFC)

Project
Active

 The Project consists of a 60 MW solar power plant (the “Project”) located in in a site of approximately 100 hectares in Cambodia’s Kampong Chhnang province, 60 km northwest from Phnom Penh. The Project is expected to start construction in April 2021 and become operational by June 2022 and will sell electricity to Electricite du Cambodge -EDC (Cambodia’s state-owned power utility), pursuant to a 2

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The project “Kampong Solar” is an infrastructure initiative in the Solar sector, located in Cambodia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

 The Project consists of a 60 MW solar power plant (the “Project”) located in in a site of approximately 100 hectares in Cambodia’s Kampong Chhnang province, 60 km northwest from Phnom Penh. The Project is expected to start construction in April 2021 and become operational by June 2022 and will sell electricity to Electricite du Cambodge -EDC (Cambodia’s state-owned power utility), pursuant to a 20-year PPA.  The Project will be developed by a special purpose vehicle named Prime Road Alternative (Cambodia) Co., Ltd (“PRAC”, or the “Company”) incorporated by Prime Road Power PCL (“Prime Road”, or the “Sponsor”). The total Project cost is expected to be around US$41 million. The total IFC financing package is expected to be up to US$8 million.  The Project is part of, and shares ancillary facilities with, the larger 100 MW National Solar Park (NSP) being developed by EDC with support from the ADB.                                                  

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Source

Source reliability

High

Data quality score

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URL

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