Mitsui buys into Thaketa plant with MAXpower deal

Mitsui, the largest Japanese investor in Myanmar, has purchased 44 percent of Myanmar Power Pte Limited from Singapore-registered MAXpower Group for an undisclosed sum. Myanmar Power runs the Thaketa gas-fired project near Yangon, which has been operational since August 2013 partly to provide electricity to Thilawa Special Economic Zone. “Sealing a new strategic partnership with […]