Sponsors of the $300 million 225MW gas-fired Myingyan IPP project in Myanmar have signed on a $250 million non-recourse DFI-backed loan. The deal is the unrated country’s debut in the internationally banked long-term project finance market and its first non-recourse financing in the power sector. The project was awarded under a 22-year BOT concession to […]
Myingyan: Plugging Myanmar’s Power Gap
December 14, 2017 by thiha
Filed Under: Latest News Tagged With: Duane Morris, DZ Bank, environmental, EPGE, Mayer Brown JSM, MIC, MIGA, Myanmar Electric Power Generation Enterprise, Myanmar investment commission, Myanmar Investment Law, Myingyan IPP Financing Sets, Myingyan IPP Project in Myanmar, OCBC, Selvam, Sembcorp Myingyan Power Company, technical, Transfer of Immovable Property Restriction Act
Turkish Powership Sets Sail
November 18, 2016 by thiha
A Turkish-built floating power plant capable of generating 480 megawatts will cross the seas to Myanmar next year to help beat blackouts in the Yangon region. The Karadeniz Powership Onur Sultan was launched in Istanbul on November 13. Karadeniz Holding officials said the vessel – which they called the “world’s largest floating power plant” – […]
Filed Under: Latest News Tagged With: A Turkish, Ace Resources Group, Attorney General Office, Energy, EPGE, Karadeniz Holding, Karadeniz Holding Officials, Karpowership, Managing Director of EPGE U Khin Maung Win, MCM Pacific, Middle East, Ministry of Electricity, Myanmar Electric Power Generation Enterprise, National Infrastructure Holdings, Power Plant Capable of Generating, Power Purchasing Agreement, Southeast Asia, Thanlyin, The Karadeniz Powership Onur Sultan, The Myanmar Times, US companies APR Energy, Yangon, Yangon Electricity Supply Corporation
