"The Htoo Trading Co Lt, listed on the US sanctions list and owned by Tay Za, a business crony of senior Burmese generals, and others have been awarded a contract to build, operate and transfer electricity for two hydro power projects in Burma. Htoo Co Lt is the first private Burmese company to be awarded such a contract in the hydro power sector. According to a short report on Thursday in a state-run-newspaper in Burmese, Myanma Alin, the Ministry of Electric Power-1 and the Htoo Trading Co Lt signed an agreement on Dec. 29 to build, operate and transfer electricity from the Hsedawgyi and Htaka hydro power projects.