Marubeni has signed a memorandum of understanding (MoU) to support the development of a 400MW gas-fired power generation project in Yangon region, Myanmar.

Under the MOU, Marubeni will conduct feasibility study the power generation facility in Thanlyin district, Yangon. The company signed the agreement with the Ministry of Electric Power of the Republic of the Union of Myanmar (MOEP).

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Marubeni will form a consortium with PTT Group subsidiary Global Power Synergy, and Eden Group, in order to complete the feasibility study work.

The project is part of the country’s efforts to increase power generation capacity to meet the rapidly increasing demand.

"Upon completion, the project is expected to be the largest gas-fired facility in the Yangon region."

Upon completion, the project is expected to be the largest gas-fired facility in the region.

See Also:

Marubeni earlier constructed hydropower plants and thermal power plants, and is currently conducting the feasibility study of a coal-fired power project in the country.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Marubeni is participating in the construction of a high-efficiency gas-fired power plant in Myanmar that will serve a large local industrial park.

The power plant is scheduled to be commissioned in 2019. It is estimated to cost approximately JPY40bn ($325m), reported NIKKIE Asian Review.

The project, which is expected to enter into construction phase as early as 2016, will source gas from a field which is being developed by Global Power Synergy.

Power generated from the facility will be transmitted to the Thilawa industrial park Myanmar’s public power company.

The park is being developed by a consortium of Japanese and Myanmar companies, including Marubeni, near Yangon.