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The Shangbalu Bridge hydropower station project in Myanmar was restarted
.
The project was launched in 2011 and suspended in 2013 due to funding problems
.
Recently, with the help of the Myanmar government and with a loan from Myanmar's state-owned bank, the project will be restarted
.
It is reported that the Myanmar government owns 40% of this hydropower project
.
New Power Oasis Development said the project, which is being carried out jointly with a Japanese company, costs about 52 billion kyats and is expected to generate 134 million kilowatt-hours of electricity per year, will be sold to the Myanmar government, and the price of electricity has not yet been specified
.
Myanmar's electricity demand is growing at an annual rate of 13%, higher than the economic growth rate
.
Myanmar needs to build more hydropower plants to meet demand, and hydropower is less generated during the dry season, so thermal and gas-fired power plants are necessary supplements
, officials at the country's power ministry said.
The Shangbalu Bridge hydropower station project in Myanmar was restarted
.
The project was launched in 2011 and suspended in 2013 due to funding problems
.
Recently, with the help of the Myanmar government and with a loan from Myanmar's state-owned bank, the project will be restarted
.
It is reported that the Myanmar government owns 40% of this hydropower project
.
New Power Oasis Development said the project, which is being carried out jointly with a Japanese company, costs about 52 billion kyats and is expected to generate 134 million kilowatt-hours of electricity per year, will be sold to the Myanmar government, and the price of electricity has not yet been specified
.
Myanmar's electricity demand is growing at an annual rate of 13%, higher than the economic growth rate
.
Myanmar needs to build more hydropower plants to meet demand, and hydropower is less generated during the dry season, so thermal and gas-fired power plants are necessary supplements
, officials at the country's power ministry said.
