Sihanoukville CEL power station
|This article is part of the CoalSwarm coverage of Cambodia and coal|
Sihanoukville CEL power station is a 100-megawatt (MW) coal-fired power station in Preah Sihanouk (Sihanoukville) Province, Cambodia.
A 150 MW expansion is proposed, also known as CEL 2 power station.
The map below shows the location of the plant, near Steung Hav, Steung Hav District, Preah Sihanouk (Sihanoukville) Province.
Background on Plant
In 2009, China Huadian Engineering Co was awarded a turnkey contract for a 100 MW coal plant by Cambodian Energy Limited, a wholly-owned subsidiary of Leader Universal Holdings Bhd. The budget was about US$170 million. Work started on 29 November 2010.
The 100 MW power station was commissioned in 2014. It is Cambodia's first coal-fired power plant. Since it was first proposed in 2008, the plant has faced strong opposition from local residents over its environmental and health effects.
Financing for Units 1 & 2
In February 2010, a financing agreement for units 1 and 2 was closed. US$140 million in loans were provided by OCBC Bank, Maybank, AmBank, and Bank of China. US$30 million in equity was provided by HNG Capital and MKCSS Holdings. BNP Paribas acted as financial adviser to the sponsor.
On February 20, 2017, the Cambodia government said it was indefinitely putting off plans for a hydropower dam in Koh Kong province’s Areng valley in favor of expanding the 100 MW Sihanoukville CEL power station by 135 MW. Malaysian-owned Cambodia Energy Limited (CEL) was the preferred bidder for the project, beating out CIIDG Erdos Hongjun Electric Power. The plant has already received government approval.
On February 28, 2017, Toshiba said it had secured a contract to build a 150 MW coal plant in Preah Sihanouk province from Cambodian Energy II Co Ltd (CEL2). CEL2 shares the same board of directors as Cambodian Energy Co Ltd (CEL) of Malaysia’s Leader Universal Holdings. The plant would be located next to the existing Sihanoukville CEL power station.
In March 2019, it was reported that construction on the US$600 million plant was ahead of schedule, and may be completed in September 2019.
Khmer Times reported in January 2020 that the new plant would be commissioned in February 2020. In February 2020, Forbes reported that the coronavirus pandemic was delaying work in Sihanoukville.
- Sponsor: Cambodian Energy Limited
- Parent company: Leader Universal Holdings
- Location: Steung Hav, Steung Hav District, Preah Sihanouk (Sihanoukville) Province, Cambodia
- Coordinates: 10.7402127, 103.5808274 (exact)
- Status: Operating (Units 1-2), Construction (Unit 3)
- Gross capacity: 250 MW (Units 1 & 2: 50 MW, Unit 3: 150 MW)
- Type: Subcritical (Units 1-2), CFB (Unit 3)
- Start year: 2014 (Units 1-2), 2020 (Unit 3)
- Coal type:
- Coal source:
- Source of financing: Units 1&2: US$140 million in debt from OCBC Bank, Maybank, AmBank, and Bank of China; US$30 million in equity from HNG Capital and MKCSS Holdings
Articles and resources
- "Coal-Fired Plants Elsewhere," Industcards, accessed April 2016
- "Mixed reaction to coal-fired plant," The Phnom Penh Post, Feb 26, 2014.
- "Preview of Sihanoukville Coal-Fired Power Plant (100MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-10-06.
- "Gov’t approves coastal 135MW coal-fired plant," Phnom Penh Post, 20 February 2017
- Kali Kotoski, "Third coal-fired plant on order," Phnom Penh Post, 28 February 2017
- "CEL II Sihanoukville Power Plant," Compelo Energy, Jun 7, 2018
- "Cambodian Energy Limited II," Leader Energy Pte Ltd, accessed Dec 2018
- "150MW coal-fired power plant in Sihanoukville nearing completion," Construction Property, 19 Mar 2019
- "Struggling to keep the lights on," Khmer Times, 31 January 2020
- Shepard, Wade (February 29, 2020). "Coronavirus Outbreak Puts Belt And Road Projects On Hold, For Now". Forbes. Retrieved 2020-05-12.