Alstom looks into power projects in Myanmar
French conglomerate Alstom is eyeing to take advantage of opportunities in the Myanmar’s hydropower sectors, the company’s chairman and CEO Patrick Kron said.
The firm – which was the main supplier for China’s Three Gorges Dam among a number of other Asia projects – plans to open a country representative office in Yangon, looking into projects in electricity generation and transmission, the Myanmar Times reported.
Alstom also aims to work with international financial institutions such as the World Bank to provide funding for developers and construction companies for the projects. Its products generate 25 per cent of the world’s hydropower.
Alstom has developed several hydropower projects in Southeast Asia, and is also making a push to expand in Laos. It has just set up a $135 million generator manufacturing facility in Tianjin, 240 kilometers from Beijing. The factory will be able to produce up to 26 of the company’s large turbines and generators a year. Alstom has been in China since 1995 through a joint venture with a state-owned partner.
French conglomerate Alstom is eyeing to take advantage of opportunities in the Myanmar’s hydropower sectors, the company's chairman and CEO Patrick Kron said. The firm - which was the main supplier for China’s Three Gorges Dam among a number of other Asia projects - plans to open a country representative office in Yangon, looking into projects in electricity generation and transmission, the Myanmar Times reported. Alstom also aims to work with international financial institutions such as the World Bank to provide funding for developers and construction companies for the projects. Its products generate 25 per cent of the world’s hydropower....
French conglomerate Alstom is eyeing to take advantage of opportunities in the Myanmar’s hydropower sectors, the company’s chairman and CEO Patrick Kron said.
The firm – which was the main supplier for China’s Three Gorges Dam among a number of other Asia projects – plans to open a country representative office in Yangon, looking into projects in electricity generation and transmission, the Myanmar Times reported.
Alstom also aims to work with international financial institutions such as the World Bank to provide funding for developers and construction companies for the projects. Its products generate 25 per cent of the world’s hydropower.
Alstom has developed several hydropower projects in Southeast Asia, and is also making a push to expand in Laos. It has just set up a $135 million generator manufacturing facility in Tianjin, 240 kilometers from Beijing. The factory will be able to produce up to 26 of the company’s large turbines and generators a year. Alstom has been in China since 1995 through a joint venture with a state-owned partner.
