General Electric (GE) will help rehabilitate power plants and upgrade gas turbines in Myanmar, according to the American energy conglomerate.
GE chairman and chief executive officer Jeffrey Immelt visited Myanmar recently to submit a proposal to the government. The new initiative will support Myanmar’s development process by ensuring additional 30 megawatts (MW) of capacity while also expanding GE’s investment and technical assistance in the country.
The plan to install new turbines and upgrade will be implemented over a period of six months, according to GE.
Myanmar Electric Power Enterprise (MEPE) will work together with GE to increase electricity production capacity, expand electricity distribution coverage and conduct a geothermal survey as part of a larger scheme for Myanmar electricity sector development that was devised last year.
The new advanced turbines that can increase the production capacity as well as decrease fuel consumption by a significant amount will be beneficial for MEPE, a GE statement said.
“This investment underlines GE’s commitment as a partner with Myanmar government to increase and expand the domestic electricity supply,” said Stuart Dean, CEO, GE ASEAN.
As GE has been supporting Myanmar’s electricity sector development for the past 19 months, MEPE expects to continue cooperating with GE to improve Myanmar’s energy sector and implement the electricity development plan through setting up new power plants, said U Htein Lwin, managing director of MEPE.