CPI Yunnan calculates cost of Myitsone Dam
CPI Yunnan International Power Investment Company has recalculated its spending on the suspended Myitsone hydropower project, and is waiting for the Myanmar government to approve the figure.
CPIYN is the majority shareholder in Upstream Ayeyarwady Confluence Basin Hydropower Company, the dam’s developer.
The calculation was made in coordination between the Chinese and Myanmar parties, according to a company official who preferred not to be named.
