A signing ceremony for a letter of intent for the acceleration of Mee Lin Gyaing integrated LNG power project in Mee Lin Gyaing region, Shwethaungyan Sub-township, Pathein District, Ayeywady Region, took place on January 20. 

The agreement was signed between the Ministry of Electricity and Energy and Chinese investment companies. The project with an investment of about US$2.5 billion is set to generate 1,390 megawatts of electricity. 

Chairman Xie Yihua of Yunnan Provincial Energy Investment Group Co Ltd, CEO Feng Ke of Union Resources and Engineering Co Ltd, Chief Risk Control Officer Li Jie of Holding Group Co Ltd and CEO Zaw Naing Thein of Supreme Trading Co Ltd of Myanmar signed the letter of intent. Tin Maung Oo, permanent secretary of the Ministry of Electricity and Energy also gave his signature in recognition of the agreement. 

Mee Lin Gyaing power plant project is the largest of its kind in Myanmar. The project includes three LNG power plants, an LNG port, a 230KV national grid with a length of over 80 miles and a 500KV national grid with a length of over 130 miles. The project will meet the electricity need of Ayeyawady Region cent per cent and also provide surpluses to other states and regions. 

This letter of intent is one of the 33 agreements signed during the recent visit of Chinese President Xi Jinping to Myanmar.