The government is actively working to expand its power generation and transmission capabilities to meet the country’s growing energy demands, said Keo Rottanak, Minister of Mines and Energy.
If Cambodia does not work hard to build electricity infrastructure, it will face many problems, especially in the process of social development and attracting investors, Rottanak said.
Cambodia needs 70 percent of its electricity from clean energy to ensure stable electricity prices, the process of industrial development and attract foreign investment, he said.
“Significant progress has been made in constructing new power sources and upgrading the national power grid in strategic locations,” Rottanak said during a groundbreaking ceremony of the 900 MW LPG-fueled power plant in Koh Kong province’s Botum Sakor district on Wednesday.
The minister said that Cambodia is looking forward to maintaining a stable supply of electricity and wants to get power from clean power sources to be converted into electricity and reduce sales prices to the people as well as to private companies.
The Royal Government of the 7th mandate has put in place a number of policies and budgets to build enough electricity to meet future needs, especially energy sources generated from green energy.
Cambodia aims to increase its renewable energy share to at least 70 percent by 2030, contributing to environmental goals and economic growth, with a particular focus on energy efficiency.
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Reporter: Chea Vanyuth
Source: Khmer Times
October 21, 2024
