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From “MOA” to “NTP”: How Myanmar is Streamlining the Power Project Approval Process

From “MOA” to “NTP”: How Myanmar is Streamlining the Power Project Approval Process

January 31, 2018

Highlights of this note

  • What is causing delays?
  • But it is also a question of focus
  • How do we fix this?
  • Was the MOA abolished?
  • MOEE and EPGE both sign the PPA?
  • Draft and negotiate the MOA or the NTP and the PPA at the same time?
  • Standardize the all power documents?
  • Create an Inter-Ministerial taskforce to develop and negotiate power projects
  • Create an experienced “Deal Team” to assist the Government’s taskforce
  • In conclusion

AUTHORS

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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Charles is a lawyer qualified to practice in Paris and educated in France, the United States and China. He has extensive experience in Southeast Asia where he has worked on a wide range of energy and infrastructure projects, as well as on regulatory reforms, notably on PPP projects. He is currently advising a wide range of sponsors on renewable and non-renewable power projects.
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