Sedona Hotel Yangon
A 500 MW coal-fired power plant will be built at Kyauktan, in Yangon region of Myanmar to cater to the rising electricity demand in the country. A multi-national joint venture has been formed between Myanmar's Ministry of Electric Power and companies from Myanmar, India and Singapore - Diamond Palace Services Co Ltd, Orange Powergen Pvt Ltd, Global Adviser Pte Ltd, respectively for this project.
The plant will be developed on build-operate-transfer (BOT) model.
Myanmar has been trying to increase electricity production to meet its demand. In 2012-2013, the country produced over 9.73 billion kilowatt-hours of electricity, which was still short of the actual demand.
In 2012, the Myanmar ministry commenced two gas-fired power projects with capacity of 500 MW and 120 MW in Yangon's Ahlone and Thakayta townships. These two projects were also an MNC JV involving companies from South Korea, Thailand and Singapore.
The government is also trying to explore all sources of energy to produce electricity such as natural gas, diesel, coal fire, solar power, wind power, biogas and waste fuel as well as hydropower.
3rd MPS (Myanmar Power Summit) on 9-11 March, 2015 in Yangon to explore the vast opportunities in Myanmar's power sector.
Contact Ms. Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.