Extending its reach: Sumitomo chief mulling big Myanmar power plant

Extending its reach: Sumitomo chief mulling big Myanmar power plant

YANGON — Sumitomo Corp. may construct a large-scale power plant in Myanmar, President Kuniharu Nakamura said here Wednesday.

     “Electric power is an especially promising infrastructure business in Myanmar,” Nakamura told The Nikkei. A 1-million-kilowatt-class fossil-fuel plant is under consideration, he revealed. The Japanese trading house already partners on mobile operations in the Southeast Asian country with KDDI and state-owned telecommunications provider MPT. Nakamura now seeks to make power generation a major part of Sumitomo’s infrastructure operations there.

     Sumitomo is already building a 50,000kW gas-fired power plant. Nakamura also said the company is considering operating port facilities in Myanmar.

Extending its reach: Sumitomo chief mulling big Myanmar power plant