Hydropower megaproject still under analysis, says Myanmar Investment Commission

The 1,360-megawatt Hatgyi hydropower project – a joint venture between the local IGE Company and Chinese companies – is not yet officially permitted, and the case is still being studied, said Aung Naing Oo, the secretary of the Myanmar Investment Commission (MIC) at a press conference on December 2. “The Hatgyi hydropower project has not […]

Myanmar to reap 10% from Thanlwin hydropower project

Local conglomerate IGE Company plans to sign a joint venture with Hydrochina Corporation to build a 1200 megawatt hydropower project on the Thanlwin River, according to the Ministry of Electric Power. The Naungpha hydropower project will eventually distribute 90 percent of the electricity to China while Myanmar will only receive 10 percent, over which it […]