Yangon plant to generate power from LNG

A power plant in Yangon will generate 365MW of power from liquefied natural gas (LNG). The US$321 million plant in Ahlone township, Yangon is Myanmar’s first LNG project involving a land-based LNG terminal and re-gasification unit. The power plant will utilize combined cycle technology, allowing it to generate more electricity with little impact on the environment.

A Power Purchase Agreement (PPA) was signed between Electric Power Generation Enterprise under the Ministry of Electricity and Energy (MOEE) and a TTCL Power Myanmar Co to implement the 365MW LNG-to-power project in the compound of the Ahlone power plant on January 19. The project has been earmarked for completion in early 2024 and is one of the three major 3,000MW LNG-to-power projects green-lighted by the MOEE in January 2018. TTCL Power Myanmar will invest US$321 million for the construction of the Ahlone power plant and the installation of a 230-VK Hlaing Thar Yar-Ahlone power cable.

TTCL Power Myanmar has prior experience developing similar LNG-to-power projects in Japan. For the plant to be commercially viable, it needs to be complete within the three-year deadline, said U Win Khaing, Minister of Electricity and Energy. The ministry is making efforts to generate more electricity from all available sources in the country, including imported LNG, to meet rising demand.

Under the PPA, the Ahlone plant will supply power to Yangon Region. Myanmar’s electricity consumption is now increasing at a rate of 15 percent yearly, and the country will need to generate about 6,000MW of electricity in 2020-21, according to the MOEE. Last year, Myanmar received two loads of LNG from Malaysia’s Petronas. The LNG was delivered to China’s CNTIC VPower at the Thilawa port in Yangon and transferred via a floating storage unit to the 350MW Thanlyin power plant and the 400MW Thaketa power plant in Yangon.

Myanmar last year signed agreements with Petronas and CNTIC VPower to purchase the LNG, which will be used to power up to seven new plants in Magwe, Shwe Taung, Kyun Chaung, Ahlone, Kyauk Phyu, Thanlyin, and Thaketa over a five-year period. -Translated

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Source: Myanmar Times

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