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Expect longer blackouts until June 20, YESC says

Members of the public are expressing anger with the Yangon Electricity Supply Corporation (YESC) for announcing longer power cuts in the city. The YESC said in a statement on Wednesday that it will lengthen the duration of daily power cuts from two hours to six hours in every township in four districts. The longer blackouts […]

Investors to be invited to boost LPG, CNG businesses

Investors will be invited to boost gas exploration as well as LPG and CNG businesses, said Union Minister Win Khaing for Electricity and Energy. He said investment in such businesses would help improve Myanmar’s electricity sector. “To improve the electricity sector, we will invite investors to cooperate with us in exploring gas and developing LPG […]

Myanmar to hold investment fairs to spur development

Myanmar is making preparations to hold a business forum in Mandalay, the country’s second largest city in the north, on Nov. 9, aiming to promote trade and investment for the development of Mandalay region, according to the Directorate of Investment and Company Administration (DICA) Monday. Such a forum is partly aimed at driving development more […]

Electricity sector could lose K630billion in 2018-19

The electricity supply sector is forecast to lose about K630billion in the coming 2018-19 fiscal year, said Dr Tun Naing, deputy minister for Electricity and Energy, told Pyidaungsu Hluttaw yesterday. “Power generation and distribution is expected to lose about K629.9 billion in the fiscal year of 2018-19,” Dr Tun Naing said during his presentation. In […]

Suu Kyi’s dilemma over Myanmar energy mix

YANGON — When Aung San Suu Kyi’s National League for Democracy was swept into power in 2015, economic development was a key priority and the fledgling government’s social and environmental stance seemed tailor-made for foreign investors. But few foresaw the complexity of adhering to core environmental principles while also dragging a long-neglected economy into the […]

North Petro Chem Corporation Ltd of China exploring gas field in Ngahlaingtwin area

Deputy Minister for Electricity and Energy Dr. Tun Naing described joint oil and gas exploration and production projects between Myanma Oil & Gas Enterprise (MOGE) and North Petro Chem Corporation Ltd of China to yesterday’s meeting of the Amyotha Hluttaw. The deputy minister said North Petro Chem Corporation Ltd signed a PSC with MOGE for […]