HomeWorld RegionsAsiaAgreement on $5.2bn coal-fired power plant in Myanmar

Agreement on $5.2bn coal-fired power plant in Myanmar

Ratchaburi Electricity Generating has agreed to co-invest in a new coal-fired power plant in Myanmar.

Ratchaburi, Thailand’s largest private power producer has confirmed it had signed an initial agreement with Myanmar to work with three other firms on the plant.
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The three companies are Blue Energy and Environment, Vantage Company Limited (Myanmar) and Kyaw Kyaw Phyo Company Limited (Myanmar), the company said in a statement.

The agreement is the starting point for developing the 2,640 MW plant, which is expected to require about 170 billion baht in investment.