Myanmar is one of the key investment markets of CTGI. A joint venture led by CTG and composed of the Chinese partners, Thailand’s EGATi and Myanmar’s IGOEC, has been engaged in developing the Mong Ton Hydropower Project on the BOT basis since 2010. After completion, the project will be a major power station in Southeast Asia.
Besides, CTGI has also conducted the Feasibility Study of wind power projects in the State of Chin and Rakhine, in the Region of Yangon and Ayeyawaddy. As a milestone achievement, 27 wind farms were planned with a total installed capacity of 3,708MW, among which Chaungtha Wind Farm Project was launched as the first pilot wind power project in Myanmar.
On February29, 2016, the MOA of Chaungtha Wind Farm was signed.