A power plant in Yangon will generate 365MW of power from liquefied natural gas (LNG). The US$321 million plant in Ahlone township, Yangon is Myanmar’s first LNG project involving a land-based LNG terminal and re-gasification unit. The power plant will utilize combined cycle technology, allowing it to generate more electricity with little impact on the […]
Myanmar Signs Power Purchase Deal with Thai Company
YANGON — A state-owned enterprise in Myanmar has signed a power-purchase agreement with a Thai-based engineering and construction company which plans to develop a US$685 million (911 billion kyats) power plant in Yangon. On Wednesday, the agreement was signed by Electric Power Generation Enterprise, which is controlled by the Ministry of Electricity and Energy, and […]
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, […]
Toyo-Thai to Invest $2.8 Billion for Myanmar Power Plant
Toyo-Thai Corporation Public Company Limited (TTCL) announced that it has entered into an agreement with the Department of Hydropower Planning under the Ministry of Electric Power to build and operate a 1,280 megawatt power plant. The construction contract for the coal-fired plant at Ye township in Mon state is worth an estimated $2.3 billion, while […]
Plans for Coal-Fired Power Plant Face Opposition in Mon State
YANGON — Plans to build the first coal-fired power plant in Mon State have come under fire by local residents, who say they worry about pollution and potential health ramifications. The Thai-based Toyo-Thai Group held a consultation meeting on Friday with local residents to explain plans to build a 1,280 MW power plant in Inn […]