As reported last week in one of our articles, after receiving a delivery of LNG from Petronas, the power station operated by the Joint Venture between Hong-Kong listed VPower Group International and China National Technical Import and Export Corporation (CNTIC), produced its first spark on June 14th 2020.

The consortium and the government had signed a 5-years Power Purchase Agreement (PPA) on June 10th, which allowed the operations to officially kick-off.

“This is a milestone for the people of Myanmar and we are proud to be a pioneer of the monumental achievement. This has been a project impossible to many, and executed under the most extraordinary circumstances. We thank all of our suppliers, engineers, consultants, project and commercial teams and numerous government authorities who have given us their unwavering support, dedication and faith that have contributed to our success.” said Mr. Earnest Cheung, Chief Executive Officer of CNTIC VPower.

With an installed capacity of 477.1 MW, the power station, located in Thaketa Township in Yangon, was built on a fast-track basis though it suffered delays due to the Coronavirus pandemic.