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.

Source: Myanmar Times

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