Vietnam and Cambodia strengthen the power system interconnection

Vietnam and Cambodia strengthen the power system interconnection - 

During the visit of the General Secretary Nguyen Phu Trong to Cabodia, Mr. Tran Tuan Anh, Minister of Industry and Trade  (Vietnam) and Mr. Suy Sem, Minister of Mines and Energy (Cambodia) signed of Memorandum of understanding (MOU) on Vietnam – Cambodia cooperation for developing power plants, interconnecting power system and power purchase.

Though the MOU, two sides will continue to carry out effectively signed power purchase agreement as well as promote to study power interconnection options between Vietnam and Cambodia.

In order to expand further ability of electricity exchange between Vietnam Cambodia as well as regional countries, two sides agreed to facilitate enterprises of both sides to invest in the projects for power interconnection between two countries.

Ministry of Mines and Energy of Cambodia will create favorable conditions for the enterprises of Vietnam to invest in developing power plant projects with a priority of renewable energy projects within the framework of Cambodian law.

The MOU participates in promoting cooperation potential of Vietnam, Cambodia and the countries in framework of the multilateral cooperation forums as ASEAN Power Grid Consultative Committee (APGCC), Greater Mekong Subregion (GMS), Regional Power Trade Coordination Committee (RPTCC), and ASEAN Energy Regulatory Network (AERN).

Leave your comment on this story