The Electric Power Generation Enterprise (“EPGE“) has just issued five sets of bidding documents for power rental
projects in Myanmar, with a bid due on 29 July 2019 and an expected commercial operation date in early 2020.
How can those projects be structured? What will be the most sensitive issues timewise? What will the project
agreements look like?
In this roundtable, we will talk about the structuring options and the power rental agreement for the for the 2019
Myanmar power barge tender.
What are the main commercial terms in the RFP?
Is the power purchase agreement shared by EPGE bankable?
What capability do I need to showcase to pass the technical review stage?
What kind of partners shall I seek for this tender?
What is my financial exposure for this project?
How to mitigate the risk of LNG charge variation?
How can I find financing for this project in a limited time?
Is finalizing permitting in six months realistic for this project?
11.00am – 11.30am
11.30am – 12.45pm
The Power Rental Agreement: Likely key commercial & legal terms learned on
What are the terms and conditions of the PPA?
Bidding new project timeline: Is it realistic?
Which PPAs and rental agreements have earlier been used in Myanmar?
Tariff provisions and pass through
Responsibility for land acquisition?
Force majeure and termination clauses
What are the required permits and licenses?
The vessel: Myanmar maritimes and port regulations you need to know
Does a power barge require a Myanmar flag?
What in the role of the MPA in a power barge project?
How do charters work in Myanmar?
12.45pm – 1.00pm
Roundtable with sponsors, LNG suppliers and local partners
Edwin Vanderbruggen Senior Partner
Edwin is one of Myanmar’s most prominent foreign legal advisers and is widely recognized for his experience in
power projects. He advises sponsors and lenders on the large majority of IPP projects in Myanmar, including LNG to
Power, gas, solar, wind and HPP. He assists the Government, DFIs and IFI’s on power projects, policy and reform, and
helped draft a new Model PPA in 2018. He is known for actually getting things done and for his extensive regulatory
knowledge. Edwin has worked on a large number of tenders for power projects in Myanmar, including tenders for
rental power projects.
Matthew Chow Senior Associate , Mayer Brown (Singapore) Pte. Ltd
Matthew Chow is a senior associate in the Singapore office of Mayer Brown’s Global Projects practice. He has significant experience working with both project sponsors and lenders in the development of major power and infrastructure projects across the Middle East, Australia, Asia and the Americas, with a particular focus on South East Asia and Central Asia. Matthew has advised extensively on some of the largest projects in the region, including in Laos, Myanmar, Thailand, Vietnam, Bangladesh, Pakistan, Philippines, China, Indonesia, Malaysia and Singapore. Matthew’s core practice includes advising on EPC and other construction contracts, PPAs, supply and offtake arrangements, concession agreements and other project documents across the energy, infrastructure and resources sectors. Prior to joining Mayer Brown, Matthew spent significant time with a magic circle law firm, based in Singapore.
Charles Magdelaine Senior Legal Associate
Charles is the team leader of VDB Loi’s Energy and Infrastructure group. He has extensive experience in the
documentation, financing and negotiation of energy projects. More recently, he has worked on various IPPs in
Myanmar, including the 1,200MW LNG-to-Power project developed by Total and Siemens. Charles has also worked
with Edwin on various power barge rental projects.
Seats are limited and confirmation will be given on a first-come, first-served basis. To reserve your place, please contact Thiha Zaw at firstname.lastname@example.org or +951 925 3752~756, +95 9 773 788 813.
VDB Loi is a network of leading law and tax advisory firms with offices in Cambodia, Indonesia, Laos, Myanmar and Vietnam.
Our general areas of practice are corporate, finance, licensing and disputes. Our principal specialized areas of practice are energy, infrastructure, real estate and construction , telecom and taxation.