TMH Telecom Public Co., Ltd signed a MOU with Shan State Government for a feasibility study on building four hydroelectric stations in northern Shan State

7 Jun 2019
TMH Telecom Public Co., Ltd signed a MOU with Shan State Government for a feasibility study on building four hydroelectric stations in northern Shan State

On May 24, 2019, the Board of Directors of TMH Telecom Public Co., Ltd. (TMH) entered into a Memorandum of Understanding (MoU) with the Shan State Government for a feasibility study on building four hydro-electric stations in Namadu, Northern Shan State.

Under this MoU, TMH will carry out a feasibility study for planning four hydroelectric stations at this location; each of the stations will have a designed capacity of 29.8 megawatts, for a total of 119.2 megawatts.

The feasibility study will look into land rights, conditions between government organizations, permission to access working areas, and other necessary support systems – all of which will lead to a conclusion on whether or not the endeavor will be practicable.

If the construction of the four stations is found to be feasible, then TMH will be placed in charge of construction and power distribution. The MoU specifies that the company will begin work on this study within 45 days of the signing date.

TMH Telecom will either conduct the study on its own, or will take on a partner with experience in the matter.

No money was transacted under this MoU; the Board of Directors will update and disclose the public if any joint venture company or operation needs to be established to implement its scope of responsibility.

 

(Myanmar Business Today: https://www.mmbiztoday.com/articles/shan-state-and-tmh-sign-mou-feasibility-study-four-hydroelectric-stations )

 

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