According to a statement from the MOEE, the power purchase agreement (PPA) was signed last Tuesday. Kyauk Phyu Electric Power Co is a joint venture between Myanmar’s Supreme Group and Chinese state-owned firm Power China. The gas-fired power plant in Kyaukphyu, Rakhine State, is one of four projects expected to generate a total of 3111MW […]
Myanmar’s Energy Prospects, Emergency Tenders and Renewables
October 31, 2019 by
Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, […]
VPower group wins Myanmar’s emergency power tender
October 16, 2019 by
Hong Kong-listed VPower Group said its consortium with Myanmar’s Zeya & Associates had been provisionally awarded four of the five emergency power projects tendered by the energy ministry in June. The consortium said it won three projects that would use imported liquefied natural gas in Rakhine’s Kyaukphyu, Yangon’s Thanlyin and Thaketa, totalling 900 megawatts. It […]
Vpower Group International Holdings Ltd Enters Power Purchase Agreement In Myanmar
November 9, 2018 by
VPower Group International Holdings Limited announced that the company and Electric Power Generation Enterprise, Ministry of Electricity and Energy of the Government of Myanmar entered into the power purchase agreement for the purchase of electricity and power generation of a 90MW gas engine power plant in Myingyan, Myanmar. The term of the agreement is for […]
Thaketa gas plant commences supplying power in Yangon
March 23, 2018 by
More than 40,000 households will now receive electricity following the scheduled completion and opening of a combined-cycle gas power plant in Thaketa township, Yangon Region, over the weekend. The Power Purchase Agreement (PPA) was signed in January 2016. The 106 megawatt plant was built and will be operated under a 30-year joint venture between the […]
Why Sembcorp Industries Limited’s Latest Small Agreement in Myanmar May Be a Big Deal
April 4, 2016 by
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
April 4, 2016 by
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
July 11, 2014 by
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 […]
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