Sihanoukville CEL power station
|This article is part of the CoalSwarm coverage of Cambodia and coal|
Sihanoukville CEL power station is a 250-megawatt (MW) coal-fired power station complex (CEL 1 power station and CEL 2 power station) in Preah Sihanouk (Sihanoukville) Province, Cambodia.
The undated satellite photo below shows 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 November 29, 2010.
The 100 MW power station was commissioned in 2014. It was Cambodia's first coal-fired power plant. Starting when it was first proposed in 2008, the plant faced strong opposition from local residents over its environmental and health effects.
Financing for CEL 1 power station (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.
CEL 2 power station
On February 20, 2017, the Cambodian 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 had 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, construction on the US$600 million plant was ahead of schedule and expected to be potentially completed by September 2019.
- 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
- Gross capacity: CEL I: 100 MW (Units 1 & 2: 50 MW), CEL II: 150 MW
- Type: Subcritical (CEL I, Units 1-2), Ultra-supercritical (CEL II)
- Start year: 2014 (CEL I), 2020 (CEL II)
- Coal type:
- Coal source:
- Source of financing: CEL I: 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, February 26, 2014
- "Preview of Sihanoukville Coal-Fired Power Plant (100MW)," IJGlobal, accessed October 6, 2020 (subscription required)
- "Gov’t approves coastal 135MW coal-fired plant," Phnom Penh Post, February 20, 2017
- Kali Kotoski, "Third coal-fired plant on order," Phnom Penh Post, February 28, 2017
- "CEL II Sihanoukville Power Plant," Compelo Energy, June 7, 2018
- "Cambodian Energy Limited II," Leader Energy Pte Ltd, accessed December 2018
- "150MW coal-fired power plant in Sihanoukville nearing completion," Construction Property, March 19 2019
- "Struggling to keep the lights on," Khmer Times, January 31, 2020
- "Coronavirus Outbreak Puts Belt And Road Projects On Hold, For Now," Forbes, February 29, 2020
- "History," Leader Universal Holdings website, accessed November 18, 2020
- "CEL II Sihanoukville Power Plant," NS Energy, accessed November 18, 2020