shelving project: Until recently, China had been pushing hard for the 6,000 megawatt project to go ahead despite widespread opposition within Myanmar which forced the suspension of work in 2011, according to The Japan Times. Now, it is discussing alternative options with Myanmar including developing a number of smaller hydropower projects and securing preferential access to a strategically important port to compensate it for shelving the project, the sources said. Myanmar President Htin Kyaw will discuss a potential deal on the massive Myitsone dam during a trip to China beginning on Thursday, two senior Myanmar officials and a person familiar with the matter said. The seven sources include senior Myanmar government officials, a person familiar with the original deal and a person close to the Chinese state-owned operator of the dam. Executives at the developer, the Sino-Myanmar joint venture Upstream Ayeyawady Confluence Basin Hydropower, are deeply concerned the project will get scrapped, according to a person close to the company. They declined to be named due to the sensitivity of the matter.
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