The project will increase much needed reliable and clean energy to the country’s demand (currently installed power capacity in Myanmar is around 4,700 MW). When completed, the new facility will help to ease the country’s severe power deficit.
The project involves the development, construction, and operation of a greenfield 225 MW Combined Cycle Gas Turbine (CCGT) power plant in the Mandalay region of Myanmar.
For more information about project financing, please review the project summary.
For the environmental and social aspects of the Project, the Bank has decided to apply IFC’s Performance Standards (PS) on Environmental and Social Sustainability (2012) since they are consistent with the Bank’s Articles of Agreement and materially consistent with the provisions of the Bank’s Environmental and Social Policy and relevant Environmental and Social Standards and the monitoring procedures that IFC have in place to ascertain compliance with IFC’s Performance Standards are appropriate for the Project.
Please review the project summary for additional information.
Senior Portfolio Management Officer – Loans