Worldwide Release: June 25, 2014
Release Number: EEPR0614
PEORIA, IL – Caterpillar, Inc. today announces a project enabling the country of Myanmar to meet significantly increasing power demand from its growing industrial and residential sectors.
On February 11, 2014, the 52 megawatt (MW) Ywama Power Plant located in Insein Township, Yangon, Myanmar officially commenced operation providing electric power to the national electric grid. The US$46.5 Million power plant was delivered on a turnkey basis by Caterpillar Energy Solutions in collaboration with local Cat® dealer, Myan Shwe Pyi Tractors Limited (MSP CAT). Caterpillar delivered turnkey power plant supply, project management, and commissioning of a facility housing 13 x Cat® CG260-16 gas generator sets alongside complete electrical and mechanical balance of plant equipment. MSP CAT provided installation and civil construction services including transformers, cable, electrical substation, fuel train, lighting and fire prevention equipment. MSP CAT is also supplying a long-term operation and maintenance contract for the owner, UPP Power (Myanmar) Ltd. to ensure operational success. UPP Power (Myanmar) Ltd., a wholly-owned subsidiary of Singapore-listed UPP Holdings Ltd., is delivering electricity to the Myanmar Electric Power Enterprise (MEPE) under a 30 year contract.
“MSP is here to support the development of Myanmar, and we are delighted to be a significant player towards a brighter energy future,” notes MSP CAT Chairman, Khin Maung Win. “We are very grateful for the opportunity to work with MEPE and the Government of Myanmar. We are very positive on the future of Myanmar and UPP Holdings hopes to play a small part in the country’s economic development through this and other future projects”, says UPP Holdings Ltd Executive Chairman and CEO, Tong Kooi Ong.
“This project is a true showcase of what Caterpillar, in collaboration with our global partners, can deliver,” commented Electric Power Division Vice President, Steve Niehaus. “This clean, efficient power plant will support reliable electric power in Myanmar for years to come.”
(Caption) Shown is the Ywama Power Plant delivered turnkey and powered by 13 x Cat CG260-16 natural gas generator sets.
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For nearly 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2013 sales and revenues of $55.656 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Resource Industries, Construction Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com.
UPP Holdings Ltd is a regional investment holding company listed on the Singapore Exchange. The group has businesses in the pulp & paper and power sectors, and property investments, in Malaysia, Myanmar and Singapore. The group has outlined a new strategic business direction to focus more on Myanmar, and will be looking to expand its investments in the country. The power project in Myanmar, under UPP Power (Myanmar) Ltd, is the first fully foreign owned independent power producer incorporated under Myanmar’s new Foreign Investment Law. UPP Holdings Ltd’s two largest shareholders are Tong Kooi Ong and Peter Lim, who have extensive businesses and experience in a wide range of sectors in Singapore and Malaysia.
In July 2011, Myan Shwe Pyi Tractors Limited (MSP CAT) took over the Caterpillar dealership in Myanmar from the previous dealer, Myanmar Tractors Ltd., making it a wholly owned Myanmar company. It continues to provide Caterpillar products and total solutions that have been available in country since 1995. It delivers all power generation demands from diesel, gas and HFO generators sets to uninterruptible power supplies, automatic transfer switches and electrical switchgear with full support of its experienced team. In addition to Electric Power it also provides Power System solutions for the Oil & Gas, the Marine, complete ship-set, as well as industrial and locomotive engine business sectors applications. Please visit www.cat.com for more information.
Tel: +1 765-448-5351
Electric Power Division
P.O. Box 0610
Mossville, IL 61552-0610