SIHANOUK VILLE: Leader Universal Holdings Bhd may build a second power plant in Cambodia after it completes the country’s first coal-fired plant in 2012.
The Penang-based company, which yesterday broke ground for the construction of its 100-megawatt (MW) coal-fired power project in Sihanouk Ville in southern Cambodia, is eyeing a 700MW facility, managing director and chief executive officer Datuk Sean H’ng Chun Hsiang said yesterday.
“Our plan hinges on demand for power and we are currently in talks for this with our joint venture partner,” he told Malaysian reporters after the signing ceremony for a US$140 million (RM479 million) syndicated loan for the first coal-fired plant.
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