News

20 Feb 2017

MOU Signing Ceremony between Poipet PP SEZ Co.,Ltd with B.Grimm Power Public Company Limited for POIPET SEZ'S Power Transmission & Distribution Development

B.Grimm Power PCL signed a Memorandum of Understanding with Lok Chumteav Oknha Lim Chhiv Ho, Chairman of Phnom Penh SEZ PLC, under Poipet PP SEZ Co., Ltd., a operator and developer company of Phnom Penh SEZ PLC, formalizing the parties' cooperation in the development of power transmission & distribution exclusively inside new coming Poipet PPSEZ.

Under the MoU, both parties agree to conduct a feasibility study on the development, construction, ownership, operation and maintenance of power distribution system and/or power generation projects locate inside new coming Poipet PPSEZ, which once operated shall supply power under terms and conditions of the Power Purchase Agreement only for the customers inside Poipet PPSEZ.