Middle Yeywa is a 735MW hydro power project. It is planned on Lower Myitnge river/basin in Shan, Myanmar. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2027 and is expected to enter into commercial operation in 2031.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 735 | – | 735 | Announced | Shan, Myanmar | Aboitiz Power; SN Power |
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Description
The project is being developed and currently owned by Aboitiz Power and SN Power. The owners have 50% stake in the project respectively.
The net head of the project will be 135m. The project is expected to generate 3,253 GWh of electricity. The project cost is expected to be around $1,293.32m.
The hydro power project consists of 4 turbines.
Development Status
The project construction is expected to commence from 2027. Subsequent to that it will enter into commercial operation by 2031.
About Aboitiz Power
Aboitiz Power Corp (Aboitiz Power) a subsidiary of Aboitiz Equity Ventures Inc is a holding company that operates privately-owned generation companies and distribution utilities. It generates power from hydropower, geothermal, coal, and oil. The company sells its capacities and energy through bilateral power supply agreements with National Power Corporation, private distribution utilities, electric cooperatives, retail electricity suppliers and other large end-users, and through wholesale electricity spot market. Aboitiz Power offers various value-added services include power factor, thermal scanning, and power quality analysis. It supplies electricity to franchise areas across cities and municipalities in Luzon, Visayas and Mindanao. Aboitiz Power is headquartered in Taguig, Metro Manila, Philippines.
About SN Power
SN Power AS (SN Power), a subsidiary of Norfund, is a hydropower company that acquires, develops, builds, and operates hydropower assets. The company also develops and generates wind power, gas power, and district heating, and hydropower projects by implementing domestic measures to curb emissions of greenhouse gases such as CO2. It offers risk management services, which include risk mitigation, internal audits, and balancing services. SN Power invests in clean and renewable energy projects on commercial basis. It also generates hydropower in the Philippines, Nepal, India, Chile, Brazil, Sri Lanka, and Peru. The company has operations in Thailand, Zambia, the Netherlands and Panama. SN Power is headquartered in Oslo City, Oslo, Norway.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
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