Helping Cambodia Transition to Cleaner Energy
Channel: Asian Development Bank
Date: 2022-10-12

Cambodia’s demand for electricity is increasing each year and the country is not only committed to sustaining their economic competitiveness and growth but also is eager to reduce its carbon dioxide emissions in the energy sector by 16% by 2030 as it transitions to cleaner energy sources.

In 2019, ADB's Office of Public-Private Partnership (OPPP) aided Electricite du Cambodge (EDC) in setting up a 100MW National Solar Park project to resolve fossil fuel price hikes and dry season low electricity production. ADB’s OPPP helped mobilize technical assistance advisory services, as well as financing, to start the first 60 MW solar power plant. Through a take-or-pay contract, ADB is able to find the right construction partner for EDC by conducting an international transparent and competitive bidding. Around 90 companies joined the bidding and the project has been awarded to Prime Road Company.

00:00 Cambodia’s problem on surging demand for electricity
00:30 Cambodia’s transition to solar energy
01:10 ADB helped Cambodia construct a solar power plant
02:16 The public-private partnership procurement approach 
02:30 The construction of the solar project has achieved a record low tariff and $100 million savings

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