Government sticks to plan on power price cuts ahead of election

Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing a modest cut in electricity prices, dropping prices by up to 20 riel, or less than $0.01, per kilowatt hour (kWh) for some residential users. The cuts are set to take effect in April. …

Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election