POSCO Daewoo picked as single preferred bidder for Myanmar‘s power plant

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Korea’s top trading arm, POSCO Daewoo, was picked as the single preferred bidder for a multimillion dollar project to build a power plant in Myanmar, the company said Sunday. The nation’s biggest steelmaker POSCO’s subsidiary said it won […]

China-Myanmar JV starts building power plant in Myanmar’s Yangon

Union Resources and Engineering Company limited (UREC) laid a cornerstone to start building a 106 megawatt (MW) Thakayta gas-fired combined cycle power plant in Yangon on Thursday. The plant, about 10 kilometer from Yangon and 16 kilometer from Thilawa Special Economic Zone, is the largest power plant in Myanmar as well as the fifth private […]

Japanese Firm Receives Order for First Waste Incineration Power Plant in Myanmar

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. JFE Engineering Corporation said that the company has received an order for the first waste incineration power plant in Myanmar. The plant will be constructed in Shwe Pyi Thar Industrial Zone in Yangon using the bilateral Joint Crediting […]

IFC to finance $40m Myanmar-based gas turbine project

The International Finance Corporation (IFC) is planning to invest $40 million in a 225 megawatt combined cycle gas turbine power plant at Mandalay according to the dealstreetasia website on 8 October. The investment will be in the form of debt financing for the power plant, which will be built by a consortium of companies including, […]

Italian-Thai set to sign 50-year Dawei contract

Italian-Thai Development Plc (ITD) through its subsidiary Dawei Development Co (DDC) will sign a contract with the Myanmar government by July 24 to develop and run the Dawei economic development zone for at least 50 years. DDC managing director Somchet Thinapong said on Thursday that the contract would cover the initial development and operation of […]

Thai PTT joins Ratchaburi for coal plants, Myanmar LNG

BANGKOK, June 24 (Reuters) – Thailand’s largest energy firm PTT Pcl said it signed contracts with Ratchaburi Electricity Generating Pcl to jointly invest in a liquefied natural gas (LNG) terminal in Myanmar and power plants in Southeast Asia. The move is part of state-controlled PTT’s drive to strengthen energy security in Thailand, which uses natural […]

Eden Group signs MoU with two foreign companies to build gas power plant

Eden Group, a Myanmar company, signed memorandum of understanding with Japan-based Marubeni Corporation and Thailand-based Global Power Synergy Company (GPSC) to cooperate in the construction of a 400 megawatt gas-fuelled power plant in Thilawa Special Economic Zone. The MoU was signed at the Hilton Hotel in Nay Pyi Taw on Wednesday. The three companies will […]

Thai GPSC, Marubeni to develop 400-MW power plant in Myanmar

BANGKOK – Thailand’s Global Power Synergy PCL (GPSC) said it was joining with Japan’s Marubeni Corp and Myanmar’s EDEN Group to develop a 400-megawatt (MW) gas-fired combined-cycle power plant in Myanmar as part of its foreign expansion. GPSC, the flagship power business of top Thai energy firm PTT PCL, and the consortium have signed a […]

Coal-fired power planned, but on hold

Coal-fired power plants are still on the way despite concern over their social and environmental impacts raised by civil society groups. “We are explaining coal-fire power projects in public,” said deputy minister of electric power U Aung Than Oo. “We are still trying to get peoples’ understanding. Coal-fired projects will move to the next step […]

Myanmar turns to pop-up power stations

Nestled on a bed of gravel, an hour’s drive from Mandalay, the second largest city in Myanmar, also known as Burma, is the country’s newest power station. There are no cooling towers or huge turbine halls, just neat lines of white shipping containers. In all there are 67, each housing a gas generator producing 1.5 […]