Shan Coal Power Plant to Run Health Tests

Tikyit coal-fired power plant in southern Shan State will be tested for one year and if the results point to serious consequences, it will be stopped, says Swe Thein, Shan State’s minister for electric power, energy and industry. Wuxi Huaguang Electric Power Engineering Co Ltd hired the plant from the ministry on a 22-year lease. […]

Residents Fear Restart of Coal Power Plant

A coal-fired power plant in southern Shan State that was shut down two years ago due to residents’ complaints may be reopening, despite the opposition of the local community, villagers say. They are already accusing local officials of breaking their promises. Test operations at the plant, in Tigyit village, Pinlaung township, were carried out on […]

Myanmar’s stock exchange facing delays

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]