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Overview

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

Commitments (Constant USD, 2023)$14,289,455
Commitment Year2007Country of ActivityMyanmarDirect Recipient Country of IncorporationMyanmarSectorEnergyFlow TypeLoan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jul 31, 2007
End (planned)
Jan 1, 2022

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Myanmar Ministry of Electricity and Energy

Implementing agencies

Government Agencies

  • Myanmar Ministry of Electric Power (MOEP)
  • Myanmar Ministry of Electricity and Energy

State-owned companies

  • Datang (Yunnan) United Hydropower Developing Co Ltd (DUHD)

Loan desecription

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

Interest typeUnknown

Narrative

Full Description

Project narrative

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 Record 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.