Myanmar has some of the lowest electricity rates in the world. However, connecting and supplying power to the millions of people who will drive Myanmar’s development is a huge endeavour, one that requires the commitment of tremendous financial resources from the state, companies and international donors. But as important is the public’s awareness of what […]

VIENNA – Austrian gas and oil group OMV (OMVV.VI) has agreed to sell its gas power plant Samsun in Turkey to Turkish investment company Bilgin Enerji, pulling out of electricity generation in the country. The sale is subject to regulatory approval in Turkey and expected to close in the fourth quarter, OMV said on Wednesday, […]