A cabinet meeting on Wednesday decided that the government will purchase 2,400MW of electricity from Laos.
A briefing document uploaded by government spokesman Phay Siphan to his Facebook page confirmed this.
It said Cambodia will buy exclusive power from two coal-fired power plants in Laos – TSBP Sekong Power and Mineral Company Limited, which is set to produce 600MW of electricity and Xekong Thermal Power Plant Company Limited, which will produce 1,800MW.
Both companies have received concessions from the Lao government to develop coal mines and power plants to supply electricity to Cambodia.
The document said investment in the two projects were worth $4.970 billion – including coal mine infrastructure, power plants, sub-stations and transmission lines to the Cambodian-Lao border.