Cambodian Transmission II Co., Ltd (CTL II) officially received the 230kV Kampong Cham – Kratie transmission system, following a successful operation takeover on 31 March 2023. The handover ceremony was attended by Mr Gan Boon Hean, Group CEO of Leader Energy, and Mr Charles Tan from Diamond Power Limited. It took over 6 months to complete the system.
On 20 October 2022, Cambodian Transmission II Co., Ltd. (CTL-2), a wholly-owned subsidiary of Leader Energy, entered into a business transfer agreement with Diamond Power Ltd. (DPL), a 60% owned subsidiary of Pestech International Berhad, to acquire the 230kV Kampong Cham-Kratie Transmission System in Cambodia as a going concern business.
This acquisition is aimed at providing power to Kampong Cham and Kratie and facilitating the transmission of electricity from the Lower Se San 2 Hydropower plant in Stung Treng to Kratie, which was acquired from DPL (Pestech). The company is fully committed to supporting CTL and the newly added second transmission line under CTL II, ensuring uninterrupted operation and minimizing any potential incidents.