Myanmar: MoU for Salween Hydropower Project to be Signed between Thailand, Myanmar, China

Jul 15, 2015 | Watcharapong Thongrung, The Nation
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Thailand, China and Myanmar are expected to sign a memorandum of understanding (MoU) for the development of the 7,000-megawatt Mong Ton hydropower-plant project on the upper Salween River this year, after Myanmar's government cancelled its Tasang hydropower project. Speaking yesterday on behalf of the three countries, Thai Energy Minister Narongchai Akrasanee said Electricity Generation Authority of Thailand International (EGATi) would hold a 40-per-cent stake in the Mong Ton project, China's giant state enterprise Three Gorges Corp would take a similar stake, and the Myanmar government would hold the remaining 20 per cent.