Myanmar’s junta approves construction of 78 billion baht liquefied natural gas (LNG) power plant

Myanmar’s junta approves construction of 78 billion baht liquefied natural gas (LNG) power plant Myanmar’s military rulers have approved new investment in projects worth about 87 billion baht, including a liquefied natural gas (LNG) power plant that will cost about 78 billion baht, the country’s investment body said. Approvals for 15 projects were given on […]

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Myanmar coup threatens Chinese power projects

Myanmar coup threatens Chinese power projects Hong Kong-listed VPower under fire for business with military companies Chinese energy companies contracted to build power plants in Myanmar have had their projects put on hold, and some are considering exiting the market, in a sign of how the military coup in the Southeast Asian country may be […]

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French energy giant Électricité de France Halts Myanmar Hydropower Project Over Human Rights Concerns

French energy giant Électricité de France Halts Myanmar Hydropower Project Over Human Rights Concerns French energy giant Électricité de France has suspended a hydropower project worth more than US$1.5 billion (2.11 trillion kyats) in Myanmar’s Shan State over human rights concerns as the military regime continues to use lethal force to crack down on anti-coup […]

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World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar

World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]

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