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Garments sector poised to boom in Pathein

The garment industry seems poised to boom in Ayeyarwady Region, with a company developing an industrial park near Pathein signing a contract with a Chinese firm that plans to build 50 garment factories within two years. The new factories would dramatically expand the town’s nascent manufacturing sector, which has for several years been attracting interest […]

Myanmar Gets First Foreign Investments for Power Projects in Fiscal Year Transition

YANGON — Myanmar has received its first foreign investments in the power supply sector in the transitional six-month fiscal period, which started on April 1, according to the Directorate of Investment and Company Administration (DICA). A gas-fired power plant will be built in Mandalay Region’s Singaing Township as part of a joint venture between China’s […]

Gas-fired plant in Kyaukse to be built

A 145-megawatts natural gas-fired power plant will be built in Kyaukse of Mandalay Region, according to the Ministry of Electricity and Energy. The gas-fired power plant will be implemented within Baelin 230 kV substation by Powergen Kyaukse Company Limited. 18MW gas engines for the power plant, purchased from Wartsila Company, arrived to Ahlone international port […]

PTTEP eyes Myanmar project

SET-listed PTT Exploration and Production Plc (PTTEP) is proposing that Myanmar’s energy policymakers develop and operate a large gasfiredpower plant to tap surging demand for energy there. If the project goes forward, it will be handled by PTTEP International Co Yangon Branch, the company’s wholly owned subsidiary inMyanmar. Piya Sukhumpanumet, general manager of PTTEP International, […]

Zhefu Holding-Supreme Group consortium to develop USD 2.5bn Myanmar gas-fired plant project

A Zhefu Holding Group Co Ltd-Supreme Group of Companies consortium plans to build a 1390MW gas-fired power plant under an EPC contract in Myanmar, according to a source from a project participant. The total project investment (TPI) is around USD 2.5bn. The project owner is Myanmar Electric Power Enterprise, which will start to seek project […]

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 […]

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 mailing list 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 Utilities, on Monday (Dec 7) signed the MOU with Myanmar’s […]