A Zhefu Holding Group Co Ltd-Supreme Group of Companies consortium plans to build a 1390MW gas-fired power plant under an EPC contract in Myanmar, according to a source from a project participant. The total project investment (TPI) is around USD 2.5bn. The project owner is Myanmar Electric Power Enterprise, which will start to seek project […]
Zhefu Holding-Supreme Group consortium to develop USD 2.5bn Myanmar gas-fired plant project
Preparations Underway to Ensure Consistent Power Supply This Summer
More electricity will be generated by new power plants while other plans are underway to reduce power blackouts in Yangon and Mandalay during the coming summer months between March and May, according to Yangon Region Electricity, Industry and Transport minister Daw Nilar Kyaw. An additional 439 megawatts of electricity will be generated in 2018, Daw […]
Yangon Receives Mobile Power Generator by GE
Yangon will deploy a new K30 billion (US$22 million) 25-megawatt mobile generator to meet the city’s electricity demand during peak periods and emergencies. The TM2500 generator (pictured below) by GE Myanmar will be funded under the President’s Reserve Fund. GE and its partner, Golden Green Energy, transferred the TM2500 to the Yangon Region Government in […]
TTCL Plans Two Power Plants in Myanmar Worth $6 Bn
TTCL, an integrated engineering procurement and construction firm listed on the Stock Exchange of Thailand, plans to invest more than US$6 billion (Bt204 billion) between the second half of this year and 2020 to establish two coal-fired power plants in Myanmar, chief financial officer Gobchai Tanasugarn said. TTCL is a joint venture between Italian-Thai Development, […]
Six bids received for power project
Subscribe to our tender alert mailing list Ministry of Electricity and Energy has received six tender applications for the construction of a 300-megawatt power plant, according to Myanmar Electric Power Enterprise. The applications came from: a consortium of Maxpower Myanmar Pte Ltd, LNG Link Pte Ltd, Consultant International Company Pte Ltd,SEPCO Electric Power Construction Corporation, a joint venture between Indonesia, Singapore and China; the UK-based Aggreko International Projects Ltd; China Energy Engineering and China ITS Holdings Co Ltd; Singapore-based Karpowership Asia Company Pte Ltd; a consortium of National Infrastructure Holdings Company, Ace Resources Group Pte Ltd, MCM Pacific Pte Ltd and APR Energy Plc; a joint […]
Sembcorp has one foot in the door of Myanmar’s promising utilities market: analysts
It’s building a US$300m gas power plant in Myanmar. Sembcorp Industries plans to make a deep mark in the Southeast Asian country, starting with building the biggest gas-fired independent power plant in Myanmar. According to a report by RHB Research, it will own 80% of the power plant, with 20% going to MMID Utilities. “With […]
VPower signs two power agreements with MOEP
Subscribe to our tender alert mailing list THE VPower Group signed two power agreements with the state-owned Myanma Electric Power Enterprise on 11 March in Nay Pyi Taw. The company won the two power generation projects in October 2015. One is the extension of a gas plant in the Kyaukpru Special Economic Zone, and the […]
ADB to Provide Loan for Rangoon Power Upgrade
Manila-based Asian Development Bank (ADB) said in a statement on Tuesday that it would provide a US$80 million loan to “upgrade [Rangoon’s] electricity transmission ring line system,” a project forecast to benefit more than one million customers. This is a welcome announcement for many residents in heavily populated Rangoon, where more than half of Burma’s […]