Toyo-Thai to Invest $2.8 Billion for Myanmar Power Plant

Toyo-Thai Corporation Public Company Limited (TTCL) announced that it has entered into an agreement with the Department of Hydropower Planning under the Ministry of Electric Power to build and operate a 1,280 megawatt power plant. The construction contract for the coal-fired plant at Ye township in Mon state is worth an estimated $2.3 billion, while […]

Coal-fired power planned, but on hold

Coal-fired power plants are still on the way despite concern over their social and environmental impacts raised by civil society groups. “We are explaining coal-fire power projects in public,” said deputy minister of electric power U Aung Than Oo. “We are still trying to get peoples’ understanding. Coal-fired projects will move to the next step […]

Toyo-Thai plans Bt88 bn power plant in Myanmar

TOYO-THAI CORPORATION, an integrated engineering procurement and construction contractor, is in talks to invest US$2.7 billion (Bt88 billion) in a 1,280-megawatt coal-fuelled power plant in Myanmar. The company expects to finalise the deal in the third quarter, said vice president and chief operating officer Surattana Trinratana. Yesterday saw a signing ceremony for a project loan […]