The Singapore-listed energy company Sembcorp has signed a build-operate-transfer agreement with the Ministry of Electricity and Energy for a 225-megawatt gas-fired power plant in Myingyan, near Mandalay. The signing “represents a key milestone” for the $300 million project, the company said in a statement. Under the deal, the Sembcorp Myingyan Power Company will operate […]
Sembcorp Will Hand $300m Power Plant To Myanmar Government in 22 Years
Sembcorp Takes Another Step on Myingyan Project
Singaporean energy firm Sembcorp signed a build-operate-transfer (BOT) agreement with Myanmar’s energy ministry yesterday for the Myingyan power plant, a high profile energy project expected to receive loans from a variety of international lenders. Tan Cheng Guan, Sembcorp Industries’ head of group business development and commercial, signed the BOT agreement with U Htein Lwin, […]
Sembcorp Myingyan project powers inks build-operate-transfer agreement with Ministry of Electric Power & Energy
Sembcorp Industries (Sembcorp signed a build-operate-transfer) (BOT) agreement with the Ministry of Electric Power and Energy of Myanmar (MOEE), for its upcoming 255-megawatt Sembcorp Myingyan gas-fired power plant in Mandalay yesterday. The agreement between Sembcorp Myingyan Power Company and MOEE was signed by Tan Cheng Guan, Sembcorp Industries’ Executive Vice President & Head, Group Business […]