Tuesday, April 04, 2006

Energy: Myanmar and Thailand to cooperate in hydropower project

Myanmar and Thailand will implement one more major hydropower project in the form of joint venture on Myanmar's Thanlwin River in southern part of Shan state, according to the official newspaper New Light of Myanmar.

Under an agreement between the Hydroelectric Power Department of Myanmar and the MDX Group of Thailand, about 6 billion U.S. dollars will be injected into the 7, 110-megawatt (mw) Ta Sang hydropower project which is set to complete within 15 years.

Electricity generated from the plant will be mainly sold to Thailand with some of it - according to the statement - to be supplied to some areas in Myanmar "free of charge".