Thilawa, Thakayta and Thanlyin work together to implement first-ever LNG-to-Power project

The breeze blowing through the Yangon River made me warm. A host of sea-going vessels are anchored in the wide river. A scene of a flock of birds slowly flying in the sky seems a flurry and the ships small and big navigating in the river looks like a moving painting. On the bankside of […]

Land plot leases at Korea-Myanmar Industrial Complex to start in January

Applications for land plots at the Korea-Myanmar Industrial Complex (KMIC) in Yangon will commence on January 20, 2021. The industrial zone is located in Hlegu Township in Yangon Region and has a total area of over 500 acres. KMIC is a joint project between the Myanmar government and state-owned Korea Land and Housing Corporation (LH), […]

ADB approves $171-mln loan to expand electricity access in Myanmar

The Asian Development Bank (ADB) has approved a US$171.27-million loan to expand electricity access in Myanmar. ADB provided $171.27-million loan to help Myanmar construct 44 medium-voltage substations and 1,006 kilometres of distribution lines across Kayin state and the Ayeyarwady, East Bago, and Magway regions. The Accelerated Rural Electrification Project will expand the electric grid to […]

All rural areas in Yangon Region to enjoy electricity by December

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> A full percentage of people living in rural areas of Yangon Region will have access to electricity by the end of December this year, said Chief Minister Phyo Min Thein. The chief minister disclosed the information during the inauguration of Gyobyu and Theingon power sub-stations in Taikkyi […]

Myanmar to generate more energy from hydro, solar sources

Myanmar will press ahead with the implementation of four hydropower projects to meet the country’s demand for electricity, according to Union Minister of Electricity and Energy U Win Khine. Currently, Myanmar generates 3,225 megawatts (MW) of electricity, or half the country’s power supply, from 28 hydropower plants. Myanmar’s abundance of hydroresources and lower cost of […]

Increase in foreign investments depends much on power availability and quality: Union Minister

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> Union Minister for Electricity and Energy U Win Khaing called for collective efforts as the increase in the flow of foreign investments depends much on the availability and quality of electricity supply, during his inspection of power distribution Electricity facilities in Nay Pyi Taw Council Area yesterday. […]

Myanmar developing 4,000 MW of LNG-to-power projects: minister

Singapore — Myanmar is developing 4,000 MW of LNG-to-power projects as natural gas imports rise in response to reduced hydroelectric supply and declining domestic gas production, the country’s energy minister said in the run-up to the Japan Producer-Consumer Conference 2020. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The Southeast Asian […]

Myanmar FDI approval misses target, but huge projects expected this year

Myanmar saw US$5.7 billion worth of foreign direct investments (FDI) approvals during fiscal 2019-20, just around US$100 million shy of its US$5.8 billion target, said U Thant Sin Lwin, Director General of Directorate of Investment and Company Administration. The shortfall was due to the COVID-19 pandemic, which hampered the flow of investments into Myanmar since […]

Chinese Firms Dominate Myanmar Solar Power Project Bids

Yangon — Six Chinese firms won the tender to implement 16 out of 30 solar power projects across Myanmar, according to the Ministry of Electricity and Energy. The ministry in May invited bids for the construction of 30 ground-mounted solar projects capable of generating a total of 1 gigawatt (GW) of power under a 20-year […]

Chinese companies dominate Myanmar solar tender

When bids were opened in Myanmar’s 1.06 gigawatt solar power tender on 9 September, a few names were repeated over and over: Sungrow Power Supply Co Ltd and China Mechanical Engineering Corporation, State Power Investment Corporation, China Gezhouba Group and Xian Longi Clean Energy Co Ltd. In the end, all but one of the winning […]