Cambodia's Lower Sesan 2 Hydro-power Dam - Progress and Opening(Updated)

Breaking news from Cambodia can be found here. CEO often finds Khmer news and translates it into English for our readers if it is interesting to expats, locals, Cambodians living abroad and anyone who wants to stay informed of the latest local and international news stories about Cambodia and our neighbors in South East Asia. There are many sources for Khmer news articles and they can all be found here in one place. Most of the media comes out of Phnom Penh, Siem Reap or Sihanoukville, but we cover national Cambodian news from all provinces.
User avatar
Kammekor
Expatriate
Posts: 1546
Joined: Fri Sep 01, 2017 12:50 pm
Reputation: 465
Cambodia

Re: Cambodia's Lower Sesan 2 Hydro-power Dam - Progress and Opening(Updated)

Post by Kammekor » Mon Dec 17, 2018 4:36 pm

The lake covers 36.000 ha. The dam produces 400 megawatt max, let's assume it's producing at its' full capacity each and every day (which of course isn't the case, but let's assume a fancy business plan). The power is sold for just under 6 cents per KW. Then the revenue is 661,11 USD per drowned hectare per year. If you take the costs into account the profit per hectare seems incredibly low.

Where does this reasoning go wrong? I mean, after all they built the dam. I guess it was never a consideration?
Bitte_Kein_Lexus
Expatriate
Posts: 2785
Joined: Sun May 18, 2014 7:32 pm
Reputation: 253

Re: Cambodia's Lower Sesan 2 Hydro-power Dam - Progress and Opening(Updated)

Post by Bitte_Kein_Lexus » Mon Dec 17, 2018 6:27 pm

400 megawatts is nothing if the social and ecological risks turn out to be correct. It's a tiny dam production-wise. A small dam with big risks...
Ex Bitteeinbit/LexusSchmexus
User avatar
CEOCambodiaNews
Expatriate
Posts: 24924
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 961
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Cambodia

Re: Cambodia's Lower Sesan 2 Hydro-power Dam - Progress and Opening(Updated)

Post by CEOCambodiaNews » Tue Dec 18, 2018 7:49 am

December 18, 2018
Dam in Sesan begins operations

The Lower Sesan II Dam, an $800 million project, was officially launched yesterday after more than four years of construction.
The dam is Cambodia’s biggest power-generation infrastructure, and will account for 20 percent of the country’s output.

A joint venture of China’s Hydrolancang International Energy (51 percent ownership), local firm Royal Group (39 percent), and Vietnam’s EVNI (10 percent), the Lower Sesan II Dam is the seventh hydropower project in the country.

The project is located in Steung Treng province’s Sesan district, where the government granted the companies a 45-year concession.

A representative of Hydrolancang International Energy, one of the top 500 power-generating companies in the world, said during the launch that the project showcases the development of the power sector in Cambodia and is in line with China’s Belt & Road Initiative (BRI).
“Sesan II hydro dam is the biggest power-generation project in Cambodia, representing 20 percent of the country’s output. The power generated from the dam will alleviate the current shortage of power, help reduce the high cost of electricity and contribute to the social development of the country.

“The inauguration of the Lower Sesan II hydro dam today represents a big effort by the government to generate more power to meet rising demand,” he said.

Presiding over the ceremony, Prime Minister HE said it was the first project of its kind that boasted a local firm as an investor.

“It is the first time that we have investment in a huge project like this from local people. Oknha Kith Meng, president of Royal Group, is the first Cambodian investor involved in a hydropower project,” he said.

“The Lower Sesan II dam will impact the development of the whole country. It will supply households, as well as firms in the agricultural, industrial and service sector,” he added.

According to Minister Sem, in the last 20 year power generation has increased gradually in the Kingdom, from 150 megawatts in 1998 to 2,648 MW in 2018, an 18-fold increase.

12,305 Cambodian villages – nearly 87 percent of all villages in the country – are now electrified.

During the ceremony, Prime Minister HE announced the cost of electricity for households and the industrial sector will be lowered by more than 100 riel per kilowatt hour starting January.
https://www.khmertimeskh.com/50560364/d ... perations/
Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Google+
Instagram
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post