Myanmar’s Union Minister for Ministry of Electricity and Energy and Union Minister for Ministry of Commerce attended the signing ceremony

VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK), a leading DPG station owner and operator in Southeast Asia, is pleased to announce that the Group and Electric Power Generation Enterprise, Ministry of Electricity and Energy of the Government of Myanmar entered into the power purchase agreement for the purchase of electricity and power generation of a 90MW gas engine power plant in Myingyan, Myanmar (the “Project”) with a term of 60 months from the commercial

VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK), a leading DPG station owner and operator in Southeast Asia, is pleased to announce that the first phase of the Group’s first biogas project equipped with combined heat and power (“CHP”) system in Shandong Province, China (“Shandong Project”) has commenced commercial operation in early September.

The Shandong Project is the Group’s first “Waste-to-Energy” project with a 15-year contract term to provide its off-taker with a one-stop power generation solution starting from the biological desulfurization process. The first phase of the project with an installed capacity of 8.2MW