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 […]

Businesses want momentum in energy sector sustained beyond Myanmar elections

Myanmar needs to continue pushing out power tenders and policies to develop and reform its energy sector beyond the November elections, according to keynote speakers at a Yangon corporate briefing. Speakers at a panel discussion about the Myanmar energy sector acknowledged the reforms rolled out over the last 12 months intended to attract private investments […]

Myanmar firm to build oil refinery in Dawei SEZ

The project, which will have the capacity to process 8 million metric tonnes per annum (mmta), will constitute as “important project involving a huge investment. They will probably cooperate with foreign companies because it is impossible to implement the whole project by a Myanmar company alone,” said U Tin Htoo Naing. Infrastructure such as a […]

Myanmar govt extends electricity subsidy until December

The Ministry of Electricity and Energy (MOEE) announced on August 18 that Myanmar households will not need to pay for the first 150 units of electricity consumed each month until the end of December due to the continued outbreak of COVID-19. However, embassies, United Nations organisations, and international organisations will not enjoy the power subsidy. […]

Myanmar’s electricity losses shrink; more investments, spending needed to meet demand

Losses on electricity subsidies in Myanmar are likely to have declined to just about a third of levels seen before tariffs were raised in July 2019, U Tin Maung Oo, permanent secretary of the Ministry of Electricity and Energy, told journalists at the government’s fourth year performance review in Nay Pyi Taw on June 8. […]