SINGAPORE (Jan 18): Sembcorp has signed the build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar for its upcoming 225-megawatt Sembcorp Myingyan gas-fired power plant in Mandalay.

Under the agreement, Sembcorp Myingyan Power Company will build and operate the power plant for 22 years, after which the facility will be transferred to the Myanmar government.

The BOT agreement comes after the signing of a long-term power purchase agreement in March, for the sale of the plant’s entire power output to Electric Power Generation Enterprise (EPGE), the successor entity to Myanma Electric Power Enterprise (MEPE) after the re-organisation within the ministry.

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