Chinese Companies Flocking to Southern Myanmar’s Industrial Complex Megaproject

YANGON—Despite the surge in COVID-19 in Myanmar, Chinese companies including state-owned energy giants are seeking opportunities to invest in the Dawei Special Economic Zone (SEZ), a US$8-billion (10.4-trillion-kyat) strategic project in southern Myanmar’s Tanintharyi Region that is set to be Southeast Asia’s largest industrial complex. The Dawei SEZ management committee has invited international companies to […]

Myanmar to face power shortages as emergency plants miss deadlines

Driving past trucks laden with containers along the road that leads to the Thilawa Special Economic Zone (SEZ) in the outskirts of Yangon, one can easily spot from afar the company logos of the many manufacturers and utilities providers which have their factories there. The logo of an anticipated 350MW power plant by Hong Kong-listed […]

VPower, CNTIC form JV to operate Myanmar emergency power plants

Hong Kong-listed VPower Group has set up a 50-50 joint venture with a Chinese state firm to develop three power plants in Myanmar as part of the government’s bid to stop power cuts this year. VPower, which enjoys close links with investment bank CITIC, and state-owned China National Technical Import & Export Corporation (CNTIC) will […]

Myanmar’s fifth emergency power tender goes to energy China

A consortium led by China Energy Engineering Group (CEEC) has won the fifth emergency power project put out to tender by the Myanmar government, The Myanmar Times can reveal. A senior source involved in the energy sector told this newspaper that Beijing-based CEEC, a state-owned energy conglomerate also known as Energy China, had been awarded […]

Myanmar’s Energy Prospects, Emergency Tenders and Renewables

Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, […]

China-built power plant hailed in Myanmar for benefitting people

People in Myanmar’s southern Mon state were hailing the recent inauguration of a China-built combined cycle gas turbine power plant in the state that has made over 1,500 villages in the state possible for access to electricity. The power plant of 118.9 megawatts’ capacity was built by China Energy Engineering Corporation (CEEC) after it won […]

Three gas turbine power plants expect to generate sufficient electricity supply next year

Three new natural gas-fired power plants with the capacity to generate more than 450 megawatts of power are expected to go live before the coming summer season. That should satisfy the energy demands of the country for 2018, said U Khin Maung Lay, deputy managing director of the Ministry of Electricity and Energy’s (MOEE) Electric […]

Three companies in the running to build 300 megawatt electric power plants

Subscribe to our tender alert mailing list Out of six companies which submitted bids to build 300 megawatt electric power plants, three are initially in compliance with tender rules, it is learnt from an announcement released by the Ministry of Electricity and Energy. The six companies which submitted bids on time were: Consortium of China […]