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    Thailand's GPSC to Study Feasibility of Gas Fired Power Plant in Myanmar

Summary

Global Power Synergy Public Company Limited (GPSC), part of the PTT Group, signed a Memorandum of Understanding (MoU) to conduct a feasibility study for a gas-fired power generation project in Thanlyin, Myanmar.

by: shardul

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Asia/Oceania

Thailand's GPSC to Study Feasibility of Gas Fired Power Plant in Myanmar

Global Power Synergy Public Company Limited (GPSC), part of the PTT Group, signed a Memorandum of Understanding (MoU) to conduct a feasibility study for a gas-fired power generation project in Thanlyin, Myanmar.

GPSC will partner Marubeni Corporation and EDEN Group in the exercise, the company said in a statement Monday.

The 400MW power plant will help support Myanmar’s energy stability in Yangon, which has seen a significant growth in energy demand both from the public sector and the industry, such as in the Thilawa Special Economic Zone (SEZ) and an oil refinery development project that PTT Group is auctioning for.

This project is another key addition to GPSC’s project development portfolio in Myanmar, which include a coal-fired and a gas-fired power projects.