Published on Friday, 28 December 2012 11:05
Shwetaung Company is carrying out environmental impact assessment on Saidin hydropower project in Buthidaung Township in Rakhine State, sources said.
The project has had no progress and was suspended since last year due to shortage in government funds, they said.
Although a local company started construction of the road for the project in 2008, it was later suspended because the government planned to build the project together with a Chinese company.
The design for the project is now being drawn. It can take the project five to eight years to complete. The EIA report is now being written by the company concerned.
Saidin project was signed MoU by Ministry of Electric Power No-1 and Anargat Swanar Company Limited in November 2009. It was expected to generate 70 MW of electricity for Rakhine upon completion.
The project is located 10 miles east of Buthidaung in Rakhine State.
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