Presidential order reinstates study for proposed 6,000-MW Myitsone hydroelectric project in Myanmar

According to a presidential order issued Aug. 12 by the Myanmar government, a commission will form to examine the 6,000-MW Myitsone hydropower project proposed for Kachin, Mynamar. Locally published reports indicate when complete, Yunnan China would receive much of the energy from the facility under the project’s original agreement. The order for the commission was signed by […]

Investors hesitate to invest in power sector

NAY PYI TAW — The deputy minister for electric power has denied claims in parliament that plans to increase the price of electricity was aimed at pleasing investors. The government will now charge Ks 20 per unit of electricity, according to deputy minister Aung Than Oo, which will cover production, construction and maintenance of hydropower […]

60% of Investment Already Paid for Suspended Myitsone Dam: Chinese Developer

The Chinese backer of the Myitsone dam project says more than half the funds to construct the multi-billion-dollar project have already been paid to Burma, although the project was suspended last year. Sixty percent of a total $3.6 billion in investment to build the controversial hydropower dam project in Kachin State has been paid, according […]