US-Myanmar consortium wins 300-megawatt power plant bid

US-Myanmar consortium wins 300-megawatt power plant bid

A consortium of local and US firms has won a tender to build a 300-megawatt
power plant in Yangon, according to an announcement from the Ministry of
Electricity and Energy.

The sun sets behind power lines on the outskirts of Yangon.EPAThe sun sets
behind power lines on the outskirts of Yangon.EPA

The tender was issued in July for a five-year contract to supply 300MW of
power to Yangon each day - the government's first tender after taking office
in April.

A consortium consisting of local companies National Infrastructure Holdings
and MCM Pacific, and US companies APR Energy and Ace Resources Group were
awarded the contract, the ministry said in an announcement in state media
yesterday.

Demand for electricity from Myanmar's largest city is rising fast - from
1050MW in 2015 to 1250MW in 2016 according to Yangon Electricity Supply
Corporation. The winning group will built a 300MW power plant, which along
with new power distribution line projects should help prevent frequent power
failures.

Their application was one of only three the ministry received that were in
compliance with the requirements, government officials previously told The
Myanmar Times.

The other two compliant applications came from Karpowership Asia Company,
and a Chinese consortium made up of China ITS, China Energy Engineering
Corporation, Hunan Electric Power Design Institute, China Construction
Eighth Engineering Division, Guangzhou Diesel Factory, and Khin Maung Nyunt
Trading.

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Ref:
http://www.mmtimes.com/index.php/business/23094-us-myanmar-consortium-wins-3
00-megawatt-power-plant-bid.html

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com