VPower Group
About the company
VPower Group
VPower Group is a Hong Kong energy company which has been competing for fossil fuel energy projects in Burma. In Burma it rents land from the military-owned Myanmar Economic Holdings Limited, including having developed a gas terminal on military-owned land that will be handed over to Myanmar Economic Holdings Limited at an unspecified time.
Contact:
Mr Lam Yee Chun
Executive Chairman & Co-Chief Executive Officer
V Power
Units 2701-05, 27/F Office Tower 1, The Harbourfront
18-22 Tak Fung Street, Hung Hom
Hong Kong
Email: info@vpower.com
Sources:
Myanmar coup threatens Chinese power projects, John Liu and Dominic Oo, Nikkei Asia, 5th May 2021
https://asia.nikkei.com/Spotlight/Myanmar-Crisis/Myanmar-coup-threatens-Chinese-power-projects
Myanmar Port Authority website listing VPower development on Plot 14, Thilawa
http://www.mpa.gov.mm/news-activities/vpowers-lng-fsu-thilawa-plot-14/
Page 169, Plot 14 Thilawa listed at owned by Union of Myanmar Economic Holdings Ltd in Japan International Co-operation Agency Report on preparations for Thilawa port expansion and development.
https://openjicareport.jica.go.jp/pdf/12244919_02.pdf
Notified 6th April 2022
Added to the Dirty List 10 May 2022
The Dirty List
The Dirty List names international companies doing business with the military in Burma. The list also includes international companies involved in projects where there are human rights violations or environmental destruction.
In September 2018, the United Nations Fact Finding Mission on Myanmar, which has been investigating human rights violations in the country, stated:
“The actions of the Tatmadaw (Burmese military) in Kachin, Rakhine and Shan States, in particular in the context of the ‘clearance operations’ in northern Rakhine State in 2016 and 2017, have so seriously violated international law that any engagement in any form with the Tatmadaw, its current leadership, and its businesses, is indefensible.”
A PDF of the full Dirty List is available here.