RE-Talk ASEAN: Inside 1GW Solar Tender in Myanmar

Connecting The Industry Digitally

24 - 27 November 2020

Myanmar is one of the most poorly electrified countries across Southeast Asia, with an average electrification rate of around 42% only. The country’s electricity consumption per capita also ranks among the lowest in the world at just 227 kWh, whereas the world’s average per capita has already reached 3,000 kWh.

Being a nation blessed with abundant sunshine and strong economic growth, it is a great idea to bridge the country’s electric supply gap with carbon free solutions. However, building a business is not as easy as building a solar power plant.

- Winner Timetable in Line with Bid Extension

 

  • Issuance of tender documents: 18 May 2020

  • Bid submission data: 17 July 2020

  • Announcement of responsive bidders: Before 3 July 2020

  • Price proposal opening date: Before 8 July 2020

  • Issuance of letter of acceptance (LoA)

  • Execution of PPA: Early January 2021

  • Start of commercial operation: Early February 2021

- Key Requirements You Need to Concern

 

  • Minimum average annual turnover: at USD 20 Million

  • Experience in power generation: at least three projects n the last 10 years

  • Model to be used: In operation for at least five years

  • Bidders need to identify the sites: By themselves and conduct land due diligence.

  • Lending Rates from local banks: Range from 10% to 14%.

  • Payments Myanmar Kyats: Require reliable local partners for repatriation of funds)

- Top Speculations toward Bid Results:

 

PPA tariff rate: Lower than USD 5 cents/kWh

For Slides of Mr. Edwin Vanderbruggen and Mr. Peter Crowhurst, please direct requests to LinkedIn pages as in the right side.

PRESENTER

Peter Crowhurst

Chief Executive Officer

British Chamber of Commerce 

Myanmar

  • LinkedIn社交圖標

Edwin Vanderbruggen

Partner

VDB Loi

  • LinkedIn社交圖標

K.K Hlaing

Chairman 

SMART Group of Companies

  • LinkedIn社交圖標

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