Yangon Electricity Supply Board denies plans to invite private investment – for now

The Yangon Electricity Supply Board does not yet have concrete plans to allow private investment to take an equity stake in the business, though private firms are meeting with the board to look for opportunities. Some media has reported the board, which is a state-owned enterprise under the Ministry of Electric Power, is planning to […]

Yangon power plants in limbo

Work on power plants slated to generate some 300 megawatts of electricity in the Yangon area has halted awaiting government approval of a standard power purchasing agreement (PPA) for the industry, according to U Zeya Thura Mon, CEO of power plant developers Royal GK Pte Ltd. The construction stoppage comes as Myanmar projects a significant […]