Thai utility Ratchaburi to invest $1.5 bln to boost capacity to 2023

* Plans 13 bln baht capital spending for 2015 * To study investment in 9 projects, mostly in Myanmar and SE Asia * Expects 2015 net profit of 5.2 bln baht, lower than 2014 (Adds investment plan through 2023, details) By Manunphattr Dhanananphorn BANGKOK, Feb 26 (Reuters) – Thailand’s largest private power producer, Ratchaburi Electricity […]

Dawei Economic Zone ‘Lacks Clarity’ as Another Thai Firm Claims Deal

A little-known private company based in Bangkok is the latest to lay claim to becoming the major electricity provider for the Dawei Special Economic Zone—a project to build a regional economic hub in southern Myanmar that has generated much talk, but little action. Andaman Power & Utility Company Limited says it has been chosen by […]

Mitsubishi gets ball rolling for Japan’s involvement in Dawei SEZ

YANGON—Japan’s long-awaited involvement in the Dawei Special Economic Zone (SEZ) in Tanintharyi Region has finally begun with the Mitsubishi Corporation’s agreement to build a large, coal-fired power plant in cooperation with two Thai firms, according to the Dawei SEZ management committee. The Mitsubishi Corporation will invest 30 percent in the power plant construction project. The […]