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What Have We Learned from EPGE’s 1,060 MW Solar Tender?

What Have We Learned from EPGE’s 1,060 MW Solar Tender?

September 30, 2020

Proposals have been evaluated, preliminary winners have been selected. The focus on Myanmar’s largest ever competitive tender for renewable energy, launched in June 2020, is now shifting to whether the winning bidders can indeed get their projects implemented, and do so within the strict time limits set out in the tender.

Highlights of this note

  • Was the time to prepare a bid indeed too short?
  • Are Chinese companies getting an unfair advantage by the Government?
  • What about the tariff?
  • And now? Winning a tender is one thing. But will the projects be built? And on schedule?
  • Can we expect more tenders like this? Will there still be directly awarded projects?

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What-Have-We-Learned-from-EPGEs-1060-MW-Solar-Tender.pdf

AUTHOR

Edwin is the senior partner of VDB Loi and a leading foreign legal advisor living in Myanmar since 2012. A frequent advisor to the Government on transactions and privatizations in energy, transportation and telecom, he is widely recognized for his “vast knowledge” (Legal 500) and his ability “to get difficult things through the bureaucracy ” (Chambers, 2016). He advises international financial institutions on their largest Myanmar transactions, oil and gas supermajors, a greenfield multi- billion US$ telecom project and the Japanese Government on the Thilawa SEZ. He assisted two newly licensed foreign banks setup in Myanmar, acted for the sponsor of an 800MUS$ urban infrastructure PPP project and worked on 6 out of 7 power deals inked in 2016.
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