France to give $30 M to support Cambodian electrical grid
Cambodia: According to a press release from the Ministry of Economy and Finance, Cambodian Minister Aun Pornmoniroth and Remi Riou, the general manager of the French Development Agency (AFD), will sign a financing agreement in the near future.
“As planned, the Minister of Economy and Finance will sign a financing agreement for a project to modernise the power transmission system with $30 M (29.1 million euro),” the statement says.
“The project aims to strengthen the power management system with a smart grid and increase the efficiency and sustainability of the power supply,” it reads.
According to the Electricity Authority of Cambodia, Cambodia now has 2,141 km of transmission lines and 33 substations.
In January this year, the government said all 24 provinces in the country will be connected to the national grid by 2020.