YANGON (Eleven Media News/Asia News Network): Myanmar has signed the Notice to Proceed (NTP) with PTG Energy Company for the development of the Middle Paunglaung Hydropower project, said the Ministry of Electric Power.
Union Minister for Electric Power U Thaung Han and Union Minister for Energy Myo Myint Oo who attended the Russian Energy Week International Forum held in Moscow, Russia met with General Director Alexey Yakovlev from Inter RAO-Export Company, which is a major, power Generation Company in Russia.
They later signed an agreement for implementation of Middle Paunglaung Hydropower project which is a RCC concrete type dam being built on Paunglaung River that can generate 530.4million kilowatt hours of electricity.
The Ministry of Electric Power said that the Middle Paunglaung Hydropower project is one of the five hydropower projects that will be running in 2026-27.
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