Marubeni has signed memorandum of understanding (MOU) with the Ministry of Electric Power of the Republic of the Union of Myanmar (MOEP) to develop environmentally friendly 1,800MW–2,000MW coal-fired power plant.
Under the MOU, Marubeni will conduct feasibility study of power plant project using environmentally friendly and highly efficient ultra-supercritical technology in Tanintharyi region in the southern part of Myanmar.
The ultra-supercritical technology will emit 20% less CO2 when compared to that of conventional coal plants.
The company will also construct transmission lines from the power plant to Bang Saphan district in central Thailand for the supply of reliable electricity in Myanmar as well as in neighboring Thailand.
In order to carry out the feasibility study, Marubeni will partner with Global Power Synergy Company (Thailand), EGAT International (Thailand), and two local companies in Myanmar and Thailand, respectively.
Marubeni said it can support the reliable power supply efforts in Myanmar by implementing the project and also by participating in large power generation projects in the region.
The company also intends to develop a power generation project which uses highly efficient technology to ensure safety and secure environment for the citizens.
The coal-fired power plant is expected to cost $2.78-$3.24bn while the construction is scheduled to commence in 2016, reports Reuters.
Approximately 80% of the electricity generated from the power plant will be delivered to Thailand while the remaining will be supplied to Myanmar, which faces power shortages.
