KEPCO Signs MOU for an Export Demonstration Project with Local Companies in Cambodia and Domestic SMEs.
Korea Electric Power Corporation (KEPCO) has served as a stepping stone for advancing into the market for power equipment in Cambodia in cooperation with domestic SMEs.
Recently in Cambodia, KEPCO signed an MOU for an export demonstration project with Best Partner Co. (BPC), a Cambodian power supply company, and Icel E&C, a demonstration project agency, as a pilot project to export Korean electric equipment to Cambodia.
The Export Demonstration Project is designed to install the quality products and systems developed for KEPCO and SMEs through coordinated R&D and demonstrate their suitability for the local environment to win export contracts.
This export demonstration project is a stand-alone microgrid (MG) power supply solution that utilizes solar power and batteries simultaneously based on the energy self-sufficient island project that KEPCO has promoted for many years. Starting with the demonstration project of the Cambodia stand-alone microgrid system, it is expected that an export contract worth about US$4.6 million will be signed for installation in 100 locations in Cambodia in 2019 and beyond.
Icel E&C is scheduled to install three independent MG systems consisting of 16 kW photovoltaic system and 2600AH batteries for power supplies used in mobile phone base stations in Cambodia.
Hwang Kwang-soo, Director- General of the Export Cooperation Department at KEPCO, attended the MOU signing and explained, “We hope that this project will improve the overall performance of electric power facilities in power stations in Cambodia by using high-quality Korean equipment. I also wish Cambodia and Korea have a long-lasting partnership.”
“KEPCO’s power technology is the best in the world,” remarked Paul Sabandi, president of BPC in Cambodia, adding, “We hope that KEPCO and Cambodia will maintain continuous exchange and cooperation through this project.”
Starting with this MOU, KEPCO is expecting to sign an agreement for export demonstration projects with Tenaga Nasional Berhad (TNB), the only electric utility company in Malaysia and also the largest publiclylisted power company in Southeast Asia, and Indonesia Electric Power Corporation Perusahaan Listrik Negara (PLN), an Indonesian government-owned corporation providing electricity distribution.
korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods