Public and private banks can literally make or break an energy project when deciding what to finance. Sadly, though, most of the bank policy announcements we have seen this year amount to little more than window-dressing.
“About 70 percent of households in Myanmar get electricity from either the national grid or other sources outside the grid for only around 2 hours per day,” expert.
The human rights footprint of Thais is on the rise–linking malpractice of businesses, environmental destructions and large displacements.
The Nhon Trach 3 and Nhon Trach 4 plants will have a combined capacity of 1,500 megawatts and to start power generation in 2020.
Coal power pollution could increase CO2 emissions in Vietnam by 20 times and doom global efforts to curb warming.
Thailand is so far the biggest investor in Mon State, with Thai petroleum firm PTTEP having invested some $2.1 billion in an offshore gas field in the Gulf of Martaban.
There are still issues waiting to be solved, such as land compensation to communities, safety concerns, and ecological restoration at the project site: activists
Insufficient electricity is one of the major problems Myanmar faces when it comes to attracting investment, can Liquid Natural Gas be the answer?
The country plans to import around 17 million tonnes of coal, or 31% of the coal needed for electricity generation, in 2020.
The Environmental and Health Impact Assessment (EHIA) on the Thepa coal-fired power plant has been approved over strong objections from opposing groups.