Project ID: 63969

China Eximbank pledges loan for 168MW Dapeyin II Hydropower Plant Project (Linked to Project ID#63968)

Pledged amount

$ 15473673.69280326

Adjusted pledged amount

$ 15473673.69280326

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Myanmar

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2007-07-31

Planned complete

2022-01-01

Description

On July 31, 2007, the Ministry of Electricity and Energy (MoEE) of Myanmar and Datang (Yunnan) United Hydropower Developing Co. Ltd. signed a Memorandum of Understanding regarding the financing and construction of Dapein 2 Hydropower Plant. According to the agreement, Datang United Hydropower Developing Co. (DUHD) would be the developer of the project. China Eximbank reportedly agreed — at least in principle — to provide an $8.6 million loan for the project. The developer submitted a feasibility study to MoEE in December 2009. Since then, little progress on the project seems to have occurred. The MoEE planned to commission this project in 2022. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2028. The project scope included the construction of a 59 meter high concrete gravity dam on the Dapein River about 10 km downstream of the existing Dapein 1 HPP (in Moemauk Township about 30 miles to the northeast of Bhamo city and Kachin state). The existing Dapein 1 plant was also financed with a loan from China Eximbank (captured in Project ID#63968). The reservoir would be about 8 km long with a relatively small storage of 55 hm3 given the steepness of the river (gradient of 5.8 m/km). The power plant was planned to be connected to the Dapein 1 substantial by a 16 km long 230 kV transmission line.

Number of official sources

2

Number of total sources

7

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Details

Cofinanced

No

Direct receiving agencies [Type]

Myanmar Ministry of Electricity and Energy [Government Agency]

Implementing agencies [Type]

Datang (Yunnan) United Hydropower Developing Co Ltd (DUHD) [State-owned Company]

Myanmar Ministry of Electricity and Energy [Government Agency]

Myanmar Ministry of Electric Power [Government Agency]

Loan Details

Bilateral loan

Investment project loan