MoA signed for wind power projects in Rakhine State

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The signing ceremony of the Memorandum of Agreement on wind power projects in Rakhine State is underway in Nay Pyi Taw yesterday.

The Department of Electric Power Planning under the Ministry of Electric Power signed a Memorandum of Agreement (MoA) on wind power projects to be launched in An, Gwa and Thandwe townships of Rakhine State with the Primus Advanced Technologies Limited, Asia Ecoenergy Development Limited and Yunnan Machinery and Equipment Import and Export Co Ltd in Nay Pyi Taw yesterday.
The signing ceremony was attended by Union Minister for Electric Power U Thaung Han, Deputy Minister U Aye Kyaw, Chinese Ambassador to Myanmar Mr Chen Hai, Directors-General, Managing Directors and Departmental Heads of Union Minister’s Offices, departments and enterprises and other officials of the Primus Advanced Technologies Limited, Asia Ecoenergy Development Limited and Yunnan Machinery and Equipment Import and Export Co Ltd.
First, Union Minister U Thaung Han said that energy security is an essential aspect for all people and there are limitations to energy resources. The agreement is made by Myanmar citizen-owned PRIMUS, Hong Kong-based AED and China’s YMEC for the An wind power project (150 MW), Gwa wind power project (100 MW) and Thandwe wind power project (110 MW). It also should follow the law, bylaws and procedures set by the Ministry of Natural Resources and Environmental Conservation not to affect the environment and society. Efforts should be made to generate power from three projects by 2025 and to start the construction for the first phase of the 50 MW Gwa project in December 2023.
Then, the Chinese ambassador talked about the benefits of projects between Myanmar which is rich in natural resources and China which is the largest electricity-generating country in the world, participation of China in the nationwide electrification project of Myanmar, a new step of China in establishing the very first wind power projects of Myanmar and possession of the world’s largest installed base of wind power capacity with 400 million kilowatt-hours.
Then, Vice-President Mr Dong Fan of Yunnan Machinery and Equipment Import and Export Co Ltd (YMEC) reported on the project procedures.
Afterwards, officials signed the MoA and exchanged them. The wind power projects in Rakhine will generate 360 MW and bring benefits to the region. — MNA/KTZH

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