doing business in myanmar – what you need to know as a singaporean
Wärtsilä has signed a five-year operation and maintenance deal for a 145 MW gas engine plant it is building in the Mandalay region of Myanmar.
The Kyaukse plant is powered by eight of Wärtsilä’s 50SG gas engines and is being built on a fast-track basis to alleviate electricity shortages in Myanmar.
The plant’s electricity will be fed into the national grid and the O&M deal signed this week will ensure that the owners – PowerGen Kyaukse – can fulfil a power purchase agreement with the Ministry of Electricity and Energy of Myanmar to provide plant availability and heat rate guarantees.
U Maung Kyay, managing director of PowerGen Kyaukse, said the plant would “provide the necessary efficiency and baseload power that Myanmar needs today, and in the future it will provide the flexibility required to integrate more renewables into the system”.
This O&M agreement is the first Wärtsilä Lifecycle solution for a power plant in Myanmar. Sushil Purohit of Wärtsilä Energy Business said: “Having supplied this power plant with the generating sets, this follow-up agreement is a clear endorsement of the added value that we can bring to our customers.”
Source: Power Engineering
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