Compelo Energy is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

China funds Kirirom 1

China’s Export and Import Bank (Eximbank) and China Electric Power Technology Import Export Corporation (CEPTIEC) have signed an agreement to finance the rehabilitation of the Kirirom 1 hydro power project in Cambodia.

The project, estimated to cost about US$20M, will have an annual output of of 64GWh. China’s Eximbank granted US$16M to finance CETIC’s rehabilitation of the plant which, on completion, CETIC will operate for 30 years before handing it over to Cambodia.

The project complements a four-year US$18.6M Asian Development Bank project which was agreed on 6 December 2000, to upgrade power supply in eight provincial capitals. Although most towns depend mainly on diesel generation, they will also be connected to an extending grid which Kirirom 1 will supply.