The Ministry of Mines and Energy issued guidance that provides relief for certain businesses affected by the coronavirus (COVID-19) pandemic with respect to energy consumption contractual requirements.
The guidance (Prakas No, 0198) provides an exemption from penalties for a failure to meet the minimum electricity consumption or for exceeding the maximum consumption stipulated in the supply contract for companies in the industrial, agricultural, trade, and service sectors that have been affected by the COVID-19 pandemic. Eligible companies will only pay for the electricity they consume.
Also, eligible companies can benefit from a 25% reduction in the price of electricity, provided that current consumption exceeds the average of the three previous months (January, February, and March 2020). The intent of this measure is to encourage economic activity.
Read a July 2020 report [PDF 228 KB] prepared by the KPMG member firm in Cambodia
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