Myanmar seeks Austrian help in energy sector
Sunday, 23 November 2014
YANGON, Nov 22 (Xinhua): Myanmar has sought cooperation with Austria for the development, operation and transfer of Deedoke Hydropower project in Mandalay region, official media reported Saturday.
Myanmar Ministry of Electric Power and Austria-based ANDRITZ Hydro GmbH, a global supplier of electromechanical equipment and services for hydropower plants, signed a memorandum of understanding (MoU) in Nay Pyi Taw, said the New Light of Myanmar.
Under the MoU, ANDRITZ Hydro will establish a 66 megawatt low-head power plant there through a joint venture.
In May, the Ministry of Electric Power of Myanmar and the Federal Ministry for Transport, Innovation and Technology of Austria also signed a MoU on technology cooperation.