Two hydropower projects proposed in Shan State

A local company recently made an investment proposal for two hydropower projects in Shan State, eastern Myanmar, according to the Directorate of Investment and Company Administration.

Rich Yedanar Shwe Myay Company proposed to solely run the two projects in Kokang region, and they have already applied for permission with the Myanmar Investment Commission, who will decide whether to approve the projects or not.

“One proposed project site is near Laukkaing region and another in Kokang. The company wants to run both projects,” said an official from the Directorate of Investment and Company Administration.

Myanmar has planned to construct eight hydropower dams in Shan State, and three dams are under construction. Eleven more are undergoing feasibility studies.

In addition, Ta Sang hydropower dam (which was lately renamed as Upper Thanlwin project) in Shan State will complete its construction in 20 years.

Among the eight projects, three have been approved for loans from China. Two projects, Upper Yeywa and Kyaing Taung dams, have already received Chinese funding and will complete construction between 2018 and 2019, while the third, Shweli, is still awaiting the loan.

According to official announcements, all the above projects are under BOT (Build, Operate and Transfer), JV BOT (Build, Operate and Transfer with Joint Venture agreement) or separate arrangements with ministries.

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