Landmark Myanmar Power Contract
First U.S.-based company to sign power generation agreement since lifting of sanctions
APR Energy has signed a turnkey power contract in Myanmar and will provide the Myanmar Electric Power Enterprise (MEPE) with a guaranteed minimum of 82 MW of power generation, with plant capacity up to 100 MW.
Based in Kyaukse in the Mandalay Region and fueled by natural gas, APR Energy said its solution will be one of the largest thermal plants in the country and provide power to more than six million people. The contract is the first power generation agreement signed by a U.S.-based company with the government of Myanmar since the lifting of sanctions in 2013, the company said.
The APR plant will feature mobile gas power modules (GPMs). The contract is due to commence in the second quarter of 2014 and is expected to run through to late 2015.