GE supplies gas turbines for Myingyan power project

Two gas turbines supplied by General Electric (GE) have been purchased from Sembcorp Utilities for a 225-megawatt power plant to be built for the Myingyan power project in Mandalay Region. The purchase of the Heat Recovery Steam Generators was in the mix, according to a GE press release. The new power plant is expected to […]

Myanmar’s construction industry worth US$13.5bn by 2020

A report by Timetric Construction Intelligence Center (CIC) has found that that over the next five years Myanmar’s construction industry is to grow at a rate of 10.37% over five years. In 2015 the industry’s value was worth Ks9 trillion (US$8.2bn) and is expected to climb to Ks15 trillion (US$13.5bn) in 2020, according to the […]

Chinese power in Myanmar

Economic development and manufacturing in Myanmar is due to get a boost in 2018 when the country’s largest power plant comes online, thanks to a joint venture between China and a local company. China’s Union Resources and Engineering Company will bring technological and engineering prowess to the project it is partnering with U Energy Tharketa […]

MOEP Eyes to Provide Electricity to 230,000 More Households by 2017

The Ministry of Electric Power (MOEP) said it will provide electricity to roughly 230,000 more households in the country by 2017. “We are implementing this according to National Electrification Plan. The goal for each year is stated in the plan and we are trying to follow through,” U Aung Ko Ko, director from the Ministry […]

World Bank approves $560 million loan for Myanmar’s power plan

YANGON (REUTERS) – The World Bank has approved US$400 million (S$560 million) in interest-free credit to support Myanmar’s moves to boost electricity access across one of Asia’s poorest and least-connected countries. The loan provided by the bank’s International Development Association (IDA) covers financing and technical assistance for a National Electrification Plan, which seeks to power […]

Plan to bring more people onto the grid

Some 1.7 million people could gain electricity access – at a cost of US$670 million, according to Minister for Electrical Power U Khin Maung Soe. The ministry has drawn up plans with help from the World Bank to extend electrification, while looking at the costs, he said at the opening of a hydropower workshop in […]