China Datang Corporation, a state-owned Chinese company, has announced plans to help meet Myanmar’s energy needs by building on the existing Dapein I Hydropower Plant in Kachin State.
China Datang Corporation has already conducted preliminary assessments and feasibility studies on wind, solar and hydropower resources in the Dapein River basin area.
Based on the findings, the company has also systematically drawn up project plans to increase the production of renewable energy in the region.
Although Myanmar’s energy and infrastructure sectors are still developing and face numerous investment challenges, China Datang Corporation has stated that it will work to overcome these difficulties and bring mutual benefits to both countries.
Located in northern Myanmar, the Dapein I Hydropower Plant has an installed capacity of 240 megawatts. It is China Datang Corporation’s first overseas investment project undertaken under a build-operate-transfer (BOT) arrangement, under a contract signed with the Myanmar Government. — TWA/KZL
#TheGlobalNewLightOfMyanmar