Cambodia Solar Tender Update – Clarifications on the PPA and Tender Documents (Live Webinar)
VDB Loi hosts a unique webinar on 21 January 2020, following EDC’s Pre-Bid Meeting on the National Solar Park Phase II (40MW) project on 19 January 2020. We will discuss and disseminate all updated information on this important tender, such as PPA clarifications, new updates on the bid requirements and practical news on how to get a bid to Cambodia during COVID-19.
Now that there is about 1 month to go to the bid submission deadline, what are the important clarifications shared by EDC? Do there remain any uncertainties? How many bidders are expected? What are some of the most common questions bidders have?
Experts of our Energy and Infrastructure team walk you through EDC’s clarifications of the Pre-Bid Conference and put them in context of their experience on Phase I and other power projects in Cambodia. What is the impact of the EDC clarifications on your (possible) bid?
Highlights from the Contents
- How many RFPs have been purchased so far?
- Will the bid submission deadline be extended?
- How many bids are expected at this stage?
- What were the key clarifications offered by the EDC and what is their impact?
- Which documents must be delivered as originals?
- How much flexibility exists on the PPA, to assume in the bid, or post-award?
- Misunderstandings about the minimal annual generation
- Are changes to the rules on force majeure expected?
- Questions on termination and payment rights
- Payment rights in case of a force majeure event
- What protection do sponsors receive in relation to the risk of not receiving a license or a permit?
- Do sponsors have protection in case of privatization of EDC?
- Permits and licenses: update on PPA clarification
|01:00 p.m. – 02:00 p.m.
|02:00 p.m. – 02:45 p.m.
VDB Loi’s Relevant Experiences
- Our team worked on every grid-connected solar project in Cambodia so far, including the 10 MW Kampot solar project and 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 electricity deals in Myanmar, and played a major role on the solar tender of 2020, representing the plurality of sponsors.
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.
Private: Charles Magdelaine
Charles is a lawyer qualified to practice in Paris and educated in France, the United States and China. He has extensive experience in Southeast Asia where he has worked on a wide range of energy and infrastructure projects, as well as on regulatory reforms, notably on PPP projects. He is currently advising a wide range of sponsors on renewable and non-renewable power projects.
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 in regulatory aspects in real estate, construction, industry including the regulatory aspects of large project transactions, such as land issues, licensing, and factory and environmental approvals. Furthermore, she is an outstanding expert in land issues. She has worked on some of the largest energy and infrastructure projects in the country such as solar plants, industrial zones and island resorts.
Register for the Event
January 21, 2021
Phnom Penh: 1:00pm | Yangon: 12.30pm | Bangkok: 1.00pm | Singapore, Hong Kong, Malaysia: 2.00pm | Seoul, Tokyo: 3.00pm | London:7.00am | Amsterdam, Paris: 8.00am
Online Webinar Event