The Ahlone Power Expansion Project is 388MW gas fired power project. It is planned in Yangon, Myanmar. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in June 2024. Buy the profile here.
The project is being developed by Inpex, Shikoku Electric Power, Sojitz, TTCL Power Myanmar and TTCL Public. Italian-Thai Development and Toyo Engineering are currently owning the project having ownership stake of 51% and 49% respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant.
The Gas fired project consists of 2 gas turbines, each with 128.5MW nameplate capacity.
The Gas fired project consists of 1 steam turbine with 131MW nameplate capacity.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by June 2024.
Power purchase agreement
The power generated from the project will be sold to Myanmar Electric Power Enterprise under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 365MW.
TTCL Power Myanmar is expected to perform operations and maintenance for thermal power project.
For more details on Ahlone Power Expansion Project, buy the profile here.
Inpex Corp (Inpex) is an integrated energy company. It explores for, develops and produces oil and natural gas from its assets in domestic and international regions. The company markets crude oil, condensate, natural gas, and LNG. It has a working interest in various upstream projects in Asia and Oceania, Eurasia, the Middle East and Africa, and the Americas. The company owns and operates liquefied natural gas (LNG) terminal and natural gas pipeline in Japan. It also focuses on renewable energy through geothermal and solar power generation. The company offers investments and lending services to other oil and gas companies. Inpex is headquartered in Minato-Ku, Tokyo, Japan.
About Shikoku Electric Power
Shikoku Electric Power Co Inc (Yonden) provides a wide range of valuable services in the electric power business. It includes fuel procurement to power generation, transmission, distribution and energy services. The company also focuses on telecommunications business and international business. Based on the characteristics of the different fuel types, the company undertakes the procurement of coal, LNG, and oil for thermal power production as well as uranium for nuclear power generation. The company is also engaged in renewable energy: solar, hydro, and wind power. It serves residential, commercial and industrial customers in Tokushima, Kochi, Ehime and Kagawa prefectures of Shikoku. Yonden is headquartered in Takamatsu, Kagawa, Japan.
Sojitz Corp (Sojitz) is an integrated global trading and investment group. The company has interest in a wide range of businesses worldwide including buying, selling, importing and exporting goods, manufacturing and selling products, and planning and coordinating projects. The company also invests in various sectors, conducts financing activities and provides logistics and insurance services. It operates in a broad range of sectors including automobiles, agricultural and forestry resources, chemicals, consumer goods, energy, foodstuff resources, industrial parks, mineral resources and plants. The company has operations in the Americas, Europe, the Middle East, Africa, Asia and Oceania. Sojitz is headquartered in Tokyo, Japan.
About TTCL Public
TTCL Public Co Ltd (TTCL), a Joint Venture between Italian-Thai Development PCL and Toyo Engineering Corp, is a provider of engineering and construction services. The company offers integrated engineering, procurement and construction (EPC) services, plant construction and procurement of machinery and equipment. The company also invests in natural gas-fired power plants and solar power plants including, Siam Solar Power Co., Ltd., and Siam GNE Solar Energy Co., Ltd. TTCL also offers pre-feasibility study, conceptual study and detailed feasibility study services for several projects. It serves several industries including petroleum, petrochemical, chemical, oil and gas, fertilizer, and power. The company has operations in Vietnam, Thailand, Malaysia, Myanmar, Singapore, Philippines, Qatar, and the US. TTCL is headquartered in Bangkok, Thailand.