The solar power plant located on Minbu-An Road in Minbu Town of Magway Region will begin supplying 40MW of power to the national grid in July, according to Magway Region authorities. Initially, the power plant will supply 20MW of power to the national grid in May. In the second stage from July, it will provide […]
Scan raises capital for Myanmar operation
September 19, 2018 by
SET-listed Scan Inter Plc (SCN), a natural gas trader and operator of compressed natural gas (CNG) stations, has increased its registered capital by 97.63 million baht via a private placement (PP) to beef up its solar power plant operation in Myanmar. The registered capital comes at an offering price of 4.50 baht per share. Scan’s […]
Basic Energy buys stake in 2 Thai EPC firms working on 220 MW Myanmar PV project
July 3, 2018 by
The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar. Philippine-listed energy developer Basic Energy has purchased a 15% stake in two Thai EPC contractors, Vintage EPC Co. Ltd (VEPC) and VTE International Construction […]
Thailand Proposes Investment in Solar Power Sector
November 4, 2016 by
An unnamed Thai company proposed to make investments in a solar power station in Magway Region, said Myanmar Investment Commission (MIC) Deputy Director General Than Aung Kyaw on October 31. “They proposed to build a 150-megawatt solar power station in Minbu. We will allow it after examining their proposal. The proposal is being examined now” […]
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