China stands as largest investor in Myanmar’s power sector

China has topped the foreign investors line-up of power sector of Myanmar for four months of this fiscal year 2016-2017, official media reported Thursday. China invested in five projects in electric sector worth with 1.3 billion US dollars, followed by Singapore with 570 million US dollars in four projects, according to an official of the […]

Exclusive: Hungry for power, Myanmar bets on hydro in new energy plan

YANGON (Reuters) – Electricity-starved Myanmar is looking to overhaul its long-term power strategy, aiming to hike the planned share of hydropower in its energy mix at the cost of polluting coal as it tries to attract foreign investment. The new democratically-elected government of Aung San Suu Kyi has made job creation one of its top […]

China and Singapore top investors in electric power projects

China and Singapore made the largest investment in nine electric power projects as of July in this fiscal year 2016-2017, it is learnt from the Directorate of Investment and Company Administration (DICA). China invested US$1.3billion into five projects in the electric sector. Meanwhile, Singapore invested in  four projects with an investment of US$570million, said an […]

Six bids received for power project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Electricity and Energy has received six tender applications for the construction of a 300-megawatt power plant, according to Myanmar Electric Power Enterprise. The applications came from: a consortium of Maxpower Myanmar Pte Ltd, LNG Link Pte Ltd, Consultant International Company Pte Ltd,SEPCO Electric Power Construction Corporation, a joint venture between Indonesia, Singapore and China; the UK-based Aggreko International Projects Ltd; China Energy Engineering and China ITS Holdings Co Ltd; Singapore-based Karpowership Asia Company Pte Ltd; […]

Government’s work performance for first 100 days press conference to be held on Friday

A PRESS conference on the government’s work performance for the first 100 days will take place at the Ministry of Information at 1 pm this Friday with four ministries— the Ministry of Foreign Affairs, Ministry of Border Affairs, Ministry of Electricity and Energy and Ministry of Social Welfare, Relief and Resettlement— giving briefings and answering […]

France to fund feasibility study for Myanmar’s 690-MW Laymyo hydropower project

The French government has agreed to provide US$1 million to help Myanmar perform feasibility studies for the 690-MW Laymyo hydroelectric plant. The cascade system is to include two powerhouses — the 600-MW Laymyo 1 and 90-MW Laymyo 2, according to Ministry of Electricity and Energy officials — and will be located in Myanmar’s southwestern Rakhine […]

Nay Pyi Taw villages rewired in 100 days electrification plan

The government has arranged to connect 1150 households in Nay Pyi Taw’s Ottarathiri township to the national electricity grid as part of the new administration’s 100-day plans, according to U San Yu, deputy secretary of the Ministry of Electricity and Energy. The initiative is part of a broader effort to bring electricity to more than 15,000 […]

Electric Trains to Come in November

A Pilot survey is being carried out along Strand road between Htawligway in Ahlone township to Linsadaung in Botahtaung township. The building of necessary infrastructure is set to start this month, the official said. “We have undertaken this project to make public transportation more convenient for the people. We selected Strand road for the pilot […]

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 […]