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VPower group wins Myanmar’s emergency power tender

Hong Kong-listed VPower Group said its consortium with Myanmar’s Zeya & Associates had been provisionally awarded four of the five emergency power projects tendered by the energy ministry in June. The consortium said it won three projects that would use imported liquefied natural gas in Rakhine’s Kyaukphyu, Yangon’s Thanlyin and Thaketa, totalling 900 megawatts. It […]

Myanmar, Thailand accelerate plans to link, electrify Dawei SEZ

Myanmar and Thailand will speed up development of a Special Economic Zone (SEZ) and deep sea port at Dawei in Tanintharyi Region, officials said during the 9th Myanmar – Thailand Joint Coordinating Committee meeting last week. Basic infrastructure such as roads connecting the SEZ to Thailand and necessities like electricity will be prioritised and carried […]

Mandalay collects K10b from electricity cheats

The Mandalay Region government has collected some K10 billion (US$6.50 million) in fines from illegal electricity users in 10 months, a senior regional official said. U Zarni Aung, regional minister for Electricity, Energy and Construction, said the fines were collected from residential and business customers who had tampered with power meters from October 2018 to […]

The rush job: Myanmar’s ‘impossible’ emergency power tender

A consortium in the running for a tender aimed at avoiding power shortages next hot season seems unfazed by the tight deadlines and viability concerns that deterred many foreign bidders. It’s being called the “impossible” tender – and it’s worth upwards of a billion dollars. In late June, the Ministry of Electricity and Energy’s Electric […]

Myanmar energy analysts alarmed at floating power plant plans for Yangon

Industry experts have criticized the Ministry of Electricity and Energy’s plan to produce electricity with gas and liquefied natural gas (LNG) via a floating power plant to meet the rising demand in Yangon by mid-2020. The ministry invited international bids in June for the 1,040-megawatt (MW) project. U Aye Kyaw Kyaw, secretary of Yangon Region’s […]

Yangon electricity revenues up 65pc

Yangon Region collected K36 billion more in electricity payments for the month of July, which is a 65 percent increase compared to the month before, said Daw Soe Soe Nwe, general manager of Yangon Electricity Supply Corporation (YESC), at a press conference on Monday. The higher revenues was due to the Ministry of Electricity and […]

Unhappily ever after: Myanmar’s power meter racket

The company at the centre of corruption allegations against the Ministry of Electricity and Energy has a controversial past and, potentially, a bright future. Electricity meters: it’s a good business – if you can get it. For decades this market, worth tens, if not hundreds of millions of dollars, was closed to competition. Under the […]

Myanmar Military-Backed Firm Rejects Minister’s Account of Power Meter Bidding Problems

Military-run Myanmar Economics Holding Public Company Limited (MEHPCL) on Friday said that a deputy minister’s comments in Parliament regarding problems with the procurement process for electricity meters over the past three years were unfair and had harmed the company’s reputation. In a statement, MEHPCL said Union Deputy Electricity and Energy Minister U Tun Naing’s comments […]

Ministry has not confirmed K32 billion profit from new electricity tariffs

The Ministry of Electricity and Energy (MOEE) has yet to confirm that the electricity tariff hike that starts from July will result in the electricity sector making a profit of K32 billion for fiscal 2019-20, which begins on October 1 this year and ends September 30, 2020. Joint Public Account Committee (JPAC) vice chair U […]

Myanmar continues coal-plant plans

Coal-fired plants will continue to be in use despite objections by different groups on grounds of health and environmental pollution, Ministry of Electricity and Energy deputy minister U Tun Naing said. He told the Amyotha Hluttaw, the upper house of Myanmar’s national bicameral legislature, that the government intended to go ahead with the construction of […]