|Multilateral companies to implement hydropower project in Myanmar|
|Saturday, 24 April 2010 10:23|
YANGON, Apr. 25, 2010 (Xinhua News Agency) -- Four companies will jointly implement a hydropower project originally agreed between the electric power authorities of Myanmar and Thailand four years ago, according to a state-run daily Sunday.
The Hutgyi hydropower project will be implemented under a memorandum of agreement signed on Saturday in Nay Pyi Taw among the Department of Hydropower Planning of the Myanmar Ministry of Electric Power-1, Sinohydro Corporation Ltd of China, EGAT International Co Ltd of Thailand and International Group of Entrepreneur Co Ltd, said the New Light of Myanmar.
Experts of Myanmar and Thailand have made initial survey on some river ports along Myanmar's Thanlwin River in preparation to build the hydropower plant already agreed in December 2005 between Myanmar and Thailand.
Soil tests on banks of some three ports along the river in southeastern Kayin state were carried out then by experts of Myanmar and the Electricity Generating Authority of Thailand (EGAT) to build the Hutgyi hydropower plant under an agreement signed in December 2005.
The Hutgyi hydropower plant will consist of a 600 megawatt (mw) turbine that can produce 3.82 billion kilowatt hours (kwh) yearly, according to earlier report.
The project constitutes part of those on the Thanlwin and Tanintharyi Rivers agreed earlier between Myanmar and Thailand in June 2005.
(Source: iStockAnalyst )