ADB approves US$128mil loan to help expand power grid in Cambodia

The Asian Development Bank (ADB) has approved a US$127.8mil loan to support the construction of transmission lines and substations in Cambodia, a bank press statement said on Friday (Sept 11).

The project will help provide Phnom Penh, capital of Cambodia, and three other provinces with stable and reliable electricity supply, the statement said.

“The Grid Reinforcement Project, along with ADB’s ongoing assistance to Cambodia in power system planning, shows that adequate, reliable, and environmentally sustainable power supply can be provided at reasonable cost to support equitable development,” said ADB country director for Cambodia Sunniya Durrani-Jamal.

In full: https://www.thestar.com.my/aseanplus/aseanplus-news/2020/09/12/adb-approves-us128mil-loan-to-help-expand-power-grid-in-cambodia

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