ISDN Holdings buys 33% stake in 80MW Cambodian hydropower project

It will invest a total of $4.07m into development.

The energy unit of Singapore-listed ISDN Holdings bought a 33% stake in a Cambodian hydropower project, according to a bourse filing. It will inject $678,400 (US$500,000) as equity and another $3.39m (US$2.5m) as shareholder loan during the development phase of the project.

The hydropower plant will have a 80MW capacity and will have a large-scale water storage capacity in Pursat Province, Kingdom of Cambodia. The project has already received confirmation and guarantee from the Cambodian Government for the business rights for the construction of the power plants and for the sale of electricity at a fixed price to the Cambodia Electric Power Corporation.

The JV company with Tokyo listed eREX Co. Ltd. and Cambodian company, Asia Energy Power Co. Ltd is incorporated in Singapore and called SPHP Co Pte Ltd (SPHP). eREX and Asia Energy own 34% and 33%, respectively.

At the end of 35 years from the start of operations for the Project, SPHP will transfer operating rights of the Project to the Cambodia Electric Power Corporation.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia