, Myanmar
299 views
Shutterstock photo

Sembcorp’s Myingyan power plant resumes operations

Conflicts around the plant’s area have ceased.

Sembcorp Industries has resumed operations of its 225 megawatt gas-fired Myingyan Independent Power Plant in Mandalay, Myanmar after a temporary suspension on 12 August amidst civil unrest in the region.

In a bourse filing, Sembcorp said the decision was made after confirming that conflicts near the plant have stopped and it is now safe for workers to return. The date to resume operations was also aligned with the Electric Power Generation Enterprise. 

Sembcorp assured continuous monitoring of the situation. 

The company does not expect the temporary suspension to have a substantial impact on its earnings per share or net tangible assets per share for the year ending 31 December 2024.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.