Sembcorp Industries (Sembcorp) announced the signing of a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE), for its upcoming 225-megawatt Sembcorp Myingyan gas-fired power plant in Mandalay. The agreement between Sembcorp and MOEE was signed by Tan Cheng Guan, Sembcorp Industries Executive Vice President & Head, Group Business Development & Commercial, and U Htein Lwin, Permanent Secretary at MOEE. Under the agreement, Sembcorp Myingyan Power company will build and operate the power plant for 22 years, after which the facility will be transferred to the Myanmar government.