APR Energy announces the signing of a large-scale, turnkey power contract in Myanmar. The facility will provide the Myanmar Electric Power Enterprise (MEPE) with a guaranteed minimum of 82 megawatts (MW) of power generation, with plant capacity to deliver up to 100MW. Based in Kyaukse, in the Mandalay Region, and fuele
APR Energy announces the signing of a large-scale, turnkey power contract in Myanmar. The facility will provide the Myanmar Electric Power Enterprise (MEPE) with a guaranteed minimum of 82 megawatts (MW) of power generation, with plant capacity to deliver up to 100MW. Based in Kyaukse, in the Mandalay Region, and fueled by natural gas, the APR Energy solution will be one of the largest thermal plants in the country and will provide power to more than six million people. The APR Energy contract is the first power generation agreement signed by a US-based company with the government of Myanmar since the lifting of sanctions in 2013.
APR Energy will provide a bridging solution for the medium term while the country develops its long-term power generation infrastructure. APR Energy won the contract due to its ability to deliver to a very challenging timeframe, as well as for the efficiency of APR's power generation technology. The contract is due to commence in Q2 2014 and is expected to run through to late 2015.
“We are delighted to have won this contract, based on our ability to optimize the use of natural gas resources in a fast, efficient, and effective manner,” said John Campion, APR Energy's chief executive officer. “Today, three-quarters of Myanmar's population is without access to electricity. This contract will create one of the biggest thermal plants in the country, enabling the provision of light and power to more than six million people.”