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Japanese companies sign hydropower deal with Myanmar

Monday, 3 May 2010


YANGON, May 2 (Xinhua): Two Japanese companies have reached respective contract agreements with Myanmar's power authorities to provide related services to a hydropower project in the country, an official daily reported yesterday.
One agreement on consulting services of in-house engineering services was signed between the NEWJEC Inc of Japan and Myanmar's Ministry of Electric Power-1, while the other on concrete work of the Upper Yeywa hydropower project was between the High Tech Concrete Technology Co Ltd of Japan and the Myanmar ministry in Nay Pyi Taw on Friday, said the New Light of Myanmar.
The Upper Yeywa hydropower project is a follow-up one of the Yeywa project, which is nearly-completed.
The 790-megawatt (mw) Yeywa hydropower plant is said to mainly distribute electricity to the commercial city of Yangon.
One of its four turbines with 180 mw started its test-run in February to generate power and the full run is expected by this month.
The Yeywa hydropower plant, which lies on the Myitnge River, 50 kilometers southeast of Mandalay, is being implemented by the Ministry of Electric Power-1.
The hydropower plant, which costs 600 million U.S. dollars, will produce 3.55 billion kilowatt-hours (kwh) annually on total completion and its generating capacity represents 70 per cent of about 5 billion kwh being generated by 15 power plants.