ACO/MOE – Meiktila Solar Power Plant 150 MW – Mandalay - Project Profile
"ACO/MOE – Meiktila Solar Power Plant 150 MW – Mandalay - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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ACO Investment Group (ACO), through its portfolio company Convalt Energy LLC; and The Ministry of Energy, Burma (MoE) are jointly planning to undertake the construction of a solar power plant in Meiktila district, Mandalay region, Myanmar.
The project involves the construction of a 150MW solar power plant.
The project includes the construction of substations, solar panels foundations, access roads and related facilities, the installation of solar panels and transformers, and the laying of transmission lines.
The project is being funded through a mix of debt and equity.
In August 2014, ACO and MOE entered into an agreement for the development of the project.
In October 2016, Myanmar Investment Commission approved the project.
On January 17, 2017, officials from ACO met with Deputy Director General of the Directorate of Investment and Company Administration (DICA) and discussed about the investment.
The project involves the construction of a 150MW solar power plant in Meiktila district, Mandalay region, Myanmar.
The US$240 million project includes the following:
1. Construction of a substation
2. Construction of solar panel foundations
3. Construction of the access roads
4. Installation of solar panels
5. Installation of transformers
6. Laying of transmission lines
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