JFE-backed waste-to-energy plant to start production in Myanmar in April 2017

JFE-backed waste-to-energy plant to start production in Myanmar in April
2017

Japan's JFE Engineering Corporation - that is engaged in the waste-to-energy
space - plans to kickstart production of its 700 kilowatt power plant in
partnership with the Myanmar government by April 2017.

The power plant, set up with an investment of $16 million, is expected to
start the test run in January 2017, said ITO Hideki, manager of the Yangon
branch of JFE Engineering Corporation.

JFE is working as an engineering, procurement and construction (EPC)
contractor for the power plant while Yangon City Development Council is
developing the project. About 40 percent of the total cost will be
subsidized by the Japanese government and the rest would be paid by YCDC,
said Hideki.

"The Japanese government has a programme of reducing CO2 green house gases
and have subsidised some part of construction fees," said Hideki during an
interaction with DEALSTREETASIA.

Waste mainly from townships of Insein, Shwe Pyi Thar, North Okkalar,
Mingalardon would be used as input for the plant while they also have plans
to set up a larger one if opportunity permits. Some private companies
working in this space include Zeya & Associates Co Ltd.

The plant will supply up to 300 kw power to the national grid and the reset
for captive consumption by the plant.

There are several other private companies who are currently in the process
of putting up waste to energy plans and negotiating power purchase terms
with the YCDC.

"The most important thing is to get an investor as YCDC does not have enough
money to build," said Hideki.

He said it is hoped that YCDC will gain the experience to manage such plants
in the future or allow Build, Operate and Transfer contracts.

"We would like to get much bigger projects in Myanmar," said Hideki. In
Myanmar, JFE Engineering is also working on a water treatment project in
Dala and Twante townships and is involved with the building of over-bridges
in Yangon.

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Ref:
http://www.dealstreetasia.com/stories/myanmars-first-tested-waste-to-energy-
plant-to-start-production-in-april-2017-56139/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com