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FOREIGNERS INVITED TO INVEST IN COAL TURBINES

2 August
2012
Posted by
Admin

The Mines Ministry has paved a way for foreign investors to put their
cash into coal power plants in Myanmar, according to Eleven Media
Group news, citing a ministry official at Mining Conference.


“Foreign investors are invited to build coal turbines around coal
deposits,” the ministry official was quoted as saying.


There are 19 hydropower plants, one coal power plant and 15 steam and
gas-fired power plants in Myanmar, with the installation capacity of
more than 3000 megawatts. These power plants failed to meet local
demand yet, making the country’s electricity planners to seek every
possible way to reduce the deficit.

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