Sembcorp has one foot in the door of Myanmar’s promising utilities market: analysts

It’s building a US$300m gas power plant in Myanmar. Sembcorp Industries plans to make a deep mark in the Southeast Asian country, starting with building the biggest gas-fired independent power plant in Myanmar. According to a report by RHB Research, it will own 80% of the power plant, with 20% going to MMID Utilities. “With […]

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 […]

Sembcorp lands $422m deal to develop power plant in Myanmar

Sembcorp Industries has landed its first deal in Myanmar – a contract to develop a gas-fired power plant. The US$300 million (S$422 million) project, which will be the nation’s largest privately developed gas-fired power plant, will sell electricity to the state-owned utility when completed by 2018. The plant, in central Myanmar near Mandalay, will deliver […]

Sembcorp Industries signs S$420 million accord to develop Myanmar’s biggest power plant

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. SINGAPORE – Sembcorp Industries has announced a memorandum of understanding with the Myanmar government to invest in and develop the country’s largest gas-fired power plant to help address a power shortage. The company said it wholly-owned subsidiary, Sembcorp […]

MEPE calls tender for gas-fired power

Myanma Electric Power Enterprise (MEPE) has issued more tenders for independent power producers to build gas-fired power plants in Yangon and Myingyan, according to an official. Local and international companies have been invited to apply to generate electricity by gas engine or gas turbine, which will then be bought by state-owned MEPE. Both projects are […]

Sembcorp to develop largest gas-fired independent power plant in Myanmar

SINGAPORE: Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, has been given the Notice of Award to develop and operate the largest gas-fired independent power plant in Myanmar. In a press release on Friday (Aug 24), Sembcorp said the project was awarded by the Myanmar Electric Power Enterprise (MEPE) – a division under the Ministry […]