US Delegation Looks to Boost Investment in Myanmar

YANGON — After a two-day visit to Myanmar, a delegation led by a US development agency says it hopes to boost post-coronavirus investment in the country and increase reengagement given its strategic location.

South Korea’s KEPCO cancels foreign coal power investment

According to a media statement from Solutions for Our Climate, a Seoul-based nongovernmental organisation, KEPCO CEO Kim Jong-gap revealed this news during an annual governmental audit hearing by the Korean National Assembly. Kim Jong-gap further underlined that the company has “no plans to pursue overseas coal power projects in the future.”

Japan’s MHI eyes Indonesian biomass power potential

Japanese engineering firm Mitsubishi Heavy Industries (MHI) is looking to promote the use of biomass at existing coal-fired power plants in Indonesia, with the country aiming to reduce greenhouse gas emissions by increasing its renewable power sources.