Ratchaburi, KK Power Form 1,800-MW Cambodian Coal Venture

Law360, New York (March 26, 2012, 2:30 PM EDT) -- Ratchaburi Electricity Generating Holding PLC has entered into a joint venture agreement with KK Power Co. Ltd. to develop a 1,800-megawatt coal-fired power plant in Cambodia's Koh Kong province, Ratchaburi said Monday.

The plant will be built over the next five years in connection with the 50-50 venture, with the first phase consisting of a small plant with 10 to 100 megawatts of generating capacity, according to Ratchaburi CEO Peerawat Pumthong.

Financial details of the project are expected to be finalized in the next three months,...
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