Why Sembcorp Industries Limited’s Latest Small Agreement in Myanmar May Be a Big Deal

Earlier today, Sembcorp Industries Limited (SGX: U96) announced that it has secured a long-term power purchase agreement (PPA) with Myanma Electric Power Enterprise (MEPE) to supply 225 megawatts of power for 22 years. The power will be supplied by a 225-megawatt gas-fired power plant that Sembcorp Industries is planning to build in the Myingyan district […]

UPA signs B10bn Dawei power plant deal

United Power of Asia Plc. (UPA) has signed a power purchase agreement (PPA) with Myanmar’s state utility to develop a gas-fired power plant in the Dawei special economic zone at a cost of 10 billion baht, says the company’s chairman Upakit Pachariyangkun. The signing ceremony was held on Monday to mark the start of investment […]

Rolls-Royce to supply power plant in Myanmar

Rolls-Royce signed a long-term service agreement with RGK+Z&A for spare parts supply, supervision and maintenance for the Hlagwa Power Plant (Phase II) project today. The agreement was signed at the Foreign & Commonwealth Office in London by Lars Eikeland, President and CEO of Bergen Engines, and Mr Zeya Thura Mon, Group CEO of RGK+Z&A Group […]

MAXpower Inks $35-m Power Deal with Myanmar Gov’t

MAXpower (Thaketa) Co Ltd, a power generating subsidiary of Singapore-based Navigat Group, said it has started supplying power under a power purchase agreement made with the state-owned Myanmar Electric Power Enterprise (MEPE). The company said with this agreement it became “the first 100-percent foreign-owned power company to enter into a long-term relationship” with MEPE. MAXpower […]

Green Earth Power (Thailand) wants partners for 210 MW Solar Plant in Myanmar

NAY PYI TAW : Green Earth Power (Thailand) or GEP is seeking partners for joint development of its 210-megawatt solar power plant in Myanmar, the third largest of its kind in the world and costing nearly 9 billion baht. The company also plans to mobilise funds from the Stock Exchange of Thailand for a bigger […]