Home » Event » Cambodia Launches Tender for New 40MW Solar Project: What do you need to know? (Live Webinar)

Cambodia Launches Tender for New 40MW Solar Project: What do you need to know? (Live Webinar)

In relation to information regarding the 40 MW tender, we would like to inform the Electricite du Cambodge (“EDC”) has announced the invitation for bid on 01 December 2020 for a 40 MW solar plant project in Kompong Chhnang province, through an international competitive tender. EDC has announced the invitation for bid through its official website here . VDB Loi is the first firm that purchased the application and bid document from EDC.

Highlights

  • Who can qualify for the tender?
  • What are the key terms of Cambodia’s solar PPA’s?
  • How are solar projects structured in Cambodia?
  • Bankability and foreign exchange issues
  • 5 key things you need to know about the tax planning of EPC projects in Cambodia Land acquisition aspects in practice
  • What approvals and licenses do you need?

Timetable

TimePrograms
01:00 p.m. – 01:45 p.m. (Phnom Penh Time)Presentations
01:45 p.m. – 02:15 p.m. (Phnom Penh Time)Q&A

VDB Loi experience with Solar Power in Cambodia and Myanmar

VDB Loi is one of the leading legal and tax advisory firms in Cambodia. Our team worked on every grid-connected solar project in the country so far, both sponsor and lender side. For example, we assist the Kampong Cham 60 MW solar project with everything from obtaining generation license to investment permits, negotiate the PPA and acquire land rights. In the hydro-space, our advisers worked on several of the larger projects including Lower Seasan and Kimchay project. We are also currently advising one of the stakeholders for the Lower Stung Russei Chrum hydropower project.

We have excellent working relationships with the utility, EDC, which seeks our assistance on some PPA related matters from time to time.

Our Energy and Infrastructure team is working on approximately 80% of the Power deals in Myanmar. The energy and infrastructure team in our firm has one goal: using the unique local knowledge and relationships we have spent years building up, to give your deal the edge. We are the ultimate in ground connectivity. International financial institutions are confident in our advice, choosing us for several of their largest-ever financing transactions in our markets. Governments trust us to act for them on their privatizations and private sector partnerships. Our ability to navigate government administrations is exceptional, saving precious time on approval processes and improving the transparency of infrastructure projects.

Speakers

Edwin Vanderbruggen
Senior Partner
VDB Loi

Edwin is the senior partner of VDB Loi and a leading foreign legal advisor living in Myanmar since 2012. A frequent advisor to the Government on transactions and privatizations in energy, transportation and telecom, he is widely recognized for his “vast knowledge” (Legal 500) and his ability “to get difficult things through the bureaucracy ” (Chambers, 2016). He advises international financial institutions on their largest Myanmar transactions, oil and gas supermajors, a greenfield multi- billion US$ telecom project and the Japanese Government on the Thilawa SEZ. He assisted two newly licensed foreign banks setup in Myanmar, acted for the sponsor of an 800MUS$ urban infrastructure PPP project and worked on 6 out of 7 power deals inked in 2016.

Mariza Ung
Senior Associate
VDB Loi

Mariza is an experienced legal adviser, providing due diligence and structuring services to clients in a range of industry sectors. She is particularly known for her deep knowledge of the regulatory aspects of real estate and construction in Cambodia, including the regulatory aspects of large project transactions, such as licensing, and factory and environmental approvals. Furthermore, she is an outstanding expert on land issues. She has worked on some of the largest energy and infrastructure projects in the country, such as solar power plants, industrial zones, and island resorts.

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EVENT DETAILS

DATE:
December 10, 2020
TIME:
Yangon: 12.30pm | Phnom Penh: 1 p.m | Bangkok: 1.00pm | Singapore, Hong Kong, Malaysia: 2.00pm | Seoul, Tokyo: 3.00pm | London:7.00am | Amsterdam, Paris: 8.00am |
VENUE:
Live Webinar Event