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China, Cambodia Sign Power Plant Agreement

Cambodia and China have agreed Friday to build a power plant, including a power system that supply electricity to Phnom Penh and other major provinces, to cut down high costs of energy prices.

At the meeting, the two sides agreed to buy and sell electric power generated by the 120 megawatts hydroelectric system.

The bilateral agreement signed by the Ministry of Industry, Mines and Energy along with Yunan Corporation's chairman Guo Xiao Yong, and South East Asia Yunan Company- hopes to provide the country with unlimited supply of power, at a cheaper rate.