Samart Corp to build new power plant

Samart Corp to build new power plant
Published: 18 April 2006

Samart Corp Plc, has clinched a deal to build a power plant in Cambodia, which will supply electricity to a cement factory being constructed by Siam Cement Industry Ltd. The value of the deal was not revealed, but Samart said contracts would be signed next Thursday with Siam Cement Industry, a holding company for the Siam Cement Group’s cement business. It would provide more details. But a Samart source said the company would build the 16-megawatt power plant in Cambodia’s Kampot province. It is estimated that the cost of building a one-megawatt power plant is US$1 million. The source said Samart would hire experts to help it build the plant.