PÖYRY PLC Press Release 7 March 2017 at 12.00 (EET)
Cambodian Energy II Co. Ltd. has awarded Pöyry with an owner's engineer services assignment for CEL II, a 150 MW coal-fired power plant project in Sihanoukville, Cambodia. Cambodian Energy II Co. Ltd is a project company established in Cambodia by Leader Energy Ltd.
The CEL II project consists of one 150 MW unit. The plant will be built adjacent to the existing CEL I 100 MW coal-fired power plant in Sihanoukville.
Pöyry's assignment includes assistance in project management, design review, site supervision services, quality assurance and quality control and commissioning services. The overall schedule for Pöyry's services is about 3 years.
This is a continuation of Pöyry's earlier assignment in the same project where Pöyry has been involved in the project as Owner's Engineer during the development phase, providing technical advisory services to the project developer.
"After successfully working together in the project development stage, we are pleased to continue our good co-operation with Cambodian Energy II and Leader Energy in executing this important project. The new CEL II plant will be the most efficient steam power plant in Cambodia once completed. The plant will provide cost-competitive electricity to people in Cambodia, which is experiencing rapid power demand growth with household electrification ratio expected to continue increasing from the current 60% level" says Petteri Härkki, Regional Director of Pöyry.
The value of the order is not disclosed. The order will be recognised within the Energy Business Group order stock in Q1 2017.
For further information:
Richard Pinnock
President, Energy Business Group
Pöyry
Tel. +41 443 555 554
Petteri Härkki
Managing Director Thailand and Regional Manager Asia I, Thermal Power and Renewable Energy
Pöyry
Tel. +66 81 854 3712
Did you know?
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Pöyry has had substantial involvement in the design and construction of 60,000 MW of thermal power projects all over the world.
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In Asia, Pöyry is currently involved in the development and construction of more than 17,000 MW of thermal power
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Pöyry is the leading international power sector consulting engineering company in the Cambodian market, and has been involved in about 20 power generation projects in the country in the last 10 years alone.
About Pöyry
Pöyry is an international consulting and engineering company. We deliver smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately 5500 experts. 40 countries. 130 offices.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire
