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Burma
Aung Pyae Sone. / Justice for Myanmar
By The Irrawaddy 15 June 2022
The Myanmar regime’s Ministry of Electrical energy and Power (MOEE) has given contracts to implement three solar energy initiatives in Naypyitaw to an organization believed to have hyperlinks with the son of junta chief Senior Common Min Aung Hlaing, The Irrawaddy has realized. No different firms have been invited to bid for the contracts.
The photo voltaic initiatives have a mixed capability of 390 megawatts of electrical energy and will probably be ground-mounted and floating photo voltaic amenities at Yan Aung Myint, Chaung Ma Gyi and Phaung Laung reservoirs in Naypyitaw, the abode of army generals, in keeping with leaked paperwork from the MOEE.
The ministry signed the letter of settlement within the first week of June with Venus Important Myanmar Co, which was established on July 13, 2021, 5 months after the coup, and is predicated in Naypyitaw’s Oketarathiri Township, in keeping with its registration with the Directorate of Funding and Firm Administration.
Aung Pyae Sone, the son of coup chief Min Aung Hlaing, reportedly got here to the ministry in individual in reference to the solar energy initiatives, whereas new vitality minister U Thaung Han was current on the signing of the letter of settlement, sources mentioned.
Senior MOEE official U Soe Win confirmed to The Irrawaddy that contracts have been awarded for the solar energy initiatives, however declined to present particulars.
The award of the contracts to what seems to be a brand new, inexperienced firm follows the withdrawal of Chinese language firms skilled in solar energy era from the Myanmar market due to political instability, financial decline and the depreciation of the foreign money, the kyat,
In Could, the army regime cancelled tenders invited underneath the now-ousted Nationwide League for Democracy authorities for 26 solar energy initiatives, and blacklisted the businesses for breaching tender laws.
The whole capital wanted for the three initiatives will probably be as a lot as US$390 million because the ground-mounted photo voltaic facility wants capital of US$800,000 per megawatt and the floating photo voltaic facility wants capital of US$100,000 per megawatt, an area electrical energy producer informed The Irrawaddy.
“We’ve got by no means heard of Venus Important in our electrical energy business. Even the skilled firms have halted their operations as a result of the enterprise just isn’t making earnings. So I believe they only seize the permits [in order to gain the benefits associated with permits] as is the same old means [cronies] did up to now,” he mentioned.
All 390 megawatts generated from the three solar energy initiatives will go to a single energy station in Naypyitaw, in keeping with the leaked MOEE doc. Nonetheless, will probably be technically tough to attain that, added the businessman.
One other enterprise proprietor who has labored in partnership with main enterprise individuals in Myanmar mentioned: “We’ve got by no means heard of the names of the administrators in that firm. How can new faces do initiatives which can be price tons of of tens of millions of US {dollars} with out anybody [powerful] behind them? Once more, who will simply win contracts for such giant initiatives on this interval?”
Min Aung Hlaing’s son and daughter Aung Pyae Sone and Khin Thiri Thet Mon have pursuits within the non-public Kan Thar Yar Hospital, constructed on military-owned land in Yangon’s Hlaing Township, and Moe Kaung Treasure Ladies and Kids Hospital, additionally constructed on army-owned land in Yangon’s Yankin Township, in addition to in life insurance coverage, leisure and accommodations.
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