Doosan E&C to Build Power Transmission Lines in Myanmar for 100 Billion Won
12 March 2019
Doosan Engineering and Construction (E&C) has won a 100 billion won project to build a power transmission line in Myanmar.
Doosan Engineering and Construction (E&C) announced on March 11 that it received a letter of acceptance from the Ministry of Electricity and Energy of Myanmar (MoEE) on March 7 for a 100-billion-won project to build the Taungwoo-Kamanat Transmission Line.
The project is to construct 368 500-kV steel towers in a 174 km section from Taungungoo to Kamanat in Myanmar with a loan from the Economic Development and Cooperation Fund (EDCF).
The construction project costs 100.8 billion won (US$89.58 million), which means that it is large as a power transmission line construction project. Doosan E&C receives 20 percent of the contract amount as a down payment. The project will run for 27 months after the contract is signed.
Doosan E&C built a 230 kV transmission line in Cambodia from 2011 to 2012.
Myanmar is 6.5 times as wide as Korea but the total length of its transmission lines is one third of Korea’s. The Myanmar government is pursuing a development plan with the goal of meeting 100 percent of electricity demand by 2030.
Source: http://www.businesskorea.co.kr/news/articleView.html?idxno=29888
