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InfraV-Yoma Micro Power

Sector: Power Generation (CCGT) • Location: Myanmar

Source: International Finance Corporation (IFC)

Project
Active

IFC will provide investment in the form of (i) $7 million of equity through its InfraVentures facility and (ii) a $6 million concessional loan in its capacity as implementing entity of the Canada Climate Change Program to the project company, Yoma Micro Power Pte. Ltd., to support the construction and operation of distributed generation (DG) units, with an expected total power rating of 4MW, throu

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The project “InfraV-Yoma Micro Power” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Myanmar. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

IFC will provide investment in the form of (i) $7 million of equity through its InfraVentures facility and (ii) a $6 million concessional loan in its capacity as implementing entity of the Canada Climate Change Program to the project company, Yoma Micro Power Pte. Ltd., to support the construction and operation of distributed generation (DG) units, with an expected total power rating of 4MW, throughout various locations in Myanmar. The solar-hybrid DG units will provide electricity to telecommunication towers and rural communities which do not have a connection to the main grid. Setting up DG units will involve engaging local communities, landusers, and land-owners, to lease their land on a long term basis.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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