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Home » Rosatom’s NovaWind Signs Two Deals with Myanmar for Wind Projects
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Rosatom’s NovaWind Signs Two Deals with Myanmar for Wind Projects

Saur News DeskBy Saur News DeskJune 23, 2023Updated:June 23, 2023No Comments
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Myanmar Wind Projects
Rosatom’s NovaWind Signs Two Deals with Myanmar for Wind Projects
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Russia’s Rosatom’s wind power division NovaWind has signed two wind power projects deals with Myanmar. The firm will develop a total of 372 megawatts (MW) of wind power projects in the country.

In a press statement, Rosatom informed that one MoU was signed between Rosatom’s wind power division NovaWind, Ministry of Electric Power of Myanmar, and Myanmar’s Zeya & Associates to launch feasibility study for a wind farm construction.

As per the MoU, cooperation in the framework will be organised for the  construction of a wind farm with a total capacity of 200 MW in the villages of Kyaukpadaung and Nyaung-U in the Mandalay region of Central Myanmar, including wind measurements and preparation of project documentation.

“Rosatom State Corporation is focused on contributing to carbon-free generation not only in our country, but also abroad. Projects using Russian nuclear technology are already being implemented in Myanmar. Today we are signing two memorandums that will serve as the first step towards unlocking the huge potential for the development of wind energy projects. I very much appreciate the support from the Ministry of Electrification of Myanmar. Thanks to this, the country will receive a clean source of energy, and with it a whole industrial cluster with jobs and professions,” said Grigory Nazarov, General Director of NovaWind JSC.

“We live in an era of energy transition, and our country plans to increase the share of renewable energy sources in its energy mix to 11% by 2030. I am confident that the milestone of cooperation between Russia and Myanmar will be strengthened by the joint implementation of the wind energy project. In addition, Rosatom can provide technology transfer for relevant wind energy projects in Myanmar,” said Myanmar Minister of Electrification U Taung Han.

The second MoU was signed between the Rosatom’s wind power division NovaWind, Ministry of Electric Power of Myanmar, and Myanmar’s company Primus Advanced Technologies Ltd. to launch feasibility study for wind farms construction.

As per the MoU, they will cooperate in carrying out wind measurements and feasibility study to build 172 MW of wind power capacity in Myanmar’s central region of Magway, including 116 MW in the Minhla Township and 56 MW in the Mindon Township.

“The memorandum we have signed is a major step to delivering wind power projects in the Magway region, so the support from the Ministry of Electric Power of Myanmar is of particular importance here. I hope preparations for the early development phase will begin very soon. ROSATOM has been actively cooperating and strengthening relations with the Republic for many years, and I am sure that this project is the beginning of a long and successful partnership in the field of wind energy,” NovaWind CEO Grigoriy Nazarov pointed out.

“To be in line with the UNFCCC decision, Myanmar developed Nationally Determined Contribution, in which Myanmar commits to an unconditional target for renewable energy of 11% by 2030. Eighteen wind power projects with the installed capacity of 2,260 MW are planned including today’s MoU signing. We’re glad that ROSATOM and Myanmar companies will cooperate on wind energy projects,” said Union Minister for Electric Power U Thaung Han.

372 megawatts (MW) of wind power projects carbon-free generation Grigoriy Nazarov NovaWind Primus Advanced Technologies Ltd ROSATOM UNFCCC
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