Sembcorp Myingyan Independent Power Plant

EMPOWERING THE PEOPLE OF MYANMAR

The Sembcorp Myingyan Independent Power Plant (IPP) is a 225-megawatt combined-cycle, gas-fired power plant located in the Myingyan district of the Mandalay division.

Costing about US$300 million, the plant is one of the largest gas-fired independent power plants in Myanmar, and would help to play a key role in meeting the country's growing demand for electricity.

This project was developed under a build-operate-transfer agreement between Sembcorp Myingyan Power Company Limited and the Ministry of Electricity and Energy (MOEE) of Myanmar signed in January 2017.

Under the agreement, Sembcorp Myingyan Power Company will build and operate the power plant for 22 years, after which the facility will be transferred to the government.

ABOUT SEMBCORP INDUSTRIES

Sembcorp Industries (Sembcorp) is a leading provider of sustainable solutions, driven by its purpose to do good and play its part in building a sustainable future.

Headquartered in Singapore, Sembcorp leverages its sector expertise and global track record to deliver innovative solutions that support the energy transition and sustainable development. By focusing on growing its renewables and sustainable urban solutions businesses, it aims to transform its portfolio towards a greener future.

Sembcorp has a balanced energy portfolio of over 12,700MW, with more than 3,200MW of renewable energy capacity comprising solar, wind and energy storage globally. The company also has a proven track record of transforming raw land into sustainable urban developments, with a project portfolio spanning over 11,000 hectares across Asia.

Sembcorp is listed on the main board of the Singapore Exchange. It is a component stock of the Straits Times Index and sustainability indices including the FTSE4Good Index and the iEdge SG ESG indices.