IFC, Australia Back Nationwide Study on Myanmar’s Hydropower

AS MYANMAR needs more electricity to realise its development goals during the first civilian government’s term, two ministries have been holding a series of discussions until the third week of January to finalise the countrywide strategic environmental assessment (SEA) on hydropower potential by March. The series of discussions started with a stakeholder meeting in Myitkyina, […]

Myingyan Combined-Cycle Gas Turbine Power Plant begins Feeding 143MW to National Grid

The Myingyan Combined-Cycle Gas Turbine Power Plant has begun distributing 143 megawatts (MW) to the National Grid, according to a report on January 4 in the Myawady Daily. The Sembcorp Minygyan Power Company Limited has signed a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar for its upcoming 225-megawatt power project […]

Parami Energy Readies Imported LPG for Sale as Demand Rises

The government is aiming to replace the use of electricity with Liquefied Petroleum Gas (LPG) as a fuel for household cooking. If widely used, LPG can reduce the use of firewood as well as electricity when cooking, which will help to conserve power as well as the environment. Last year, the Ministry of Electricity and […]

Support for Locally-Made Products Needed Amid Influx of Chinese Goods

Almost daily, trucks piled full of China-made goods ply the Muse-Mandalay highway, bound for markets located across the Mandalay Region. They include a dizzying array of products, including food, clothes, tools, vehicles and machinery. Because Chinese goods are cheaper compared to goods manufactured locally, demand from consumers in Mandalay has been on the rise. On […]

Yangon, Mon Power Plants to Come Online in ’18

​​ Two new power plants in Yangon Region and Mon State with a combined capacity of 226 megawatts will start power distribution in 2018, U Htay Aung, the deputy permanent secretary for the Ministry of Electricity and Energy, said Thursday. The Yangon power plant in Thaketa township has a capacity of 106 megawatts and the Mon […]

Yangon Needs More Gas from PTTEPI’s Gas Field

Kyaw Kyaw Hlaing from Electricity and Energy sector development committee has informed Vice President Myint Swe that Yangon region will need 80 million cubic feet of natural gas from the Aung Thinkha gas field explored by PTTEP International Limited in the coming two years. This is because gas production at Yadanar, which is Yangon’s main […]

Yangon Receives Mobile Power Generator by GE

Yangon will deploy a new K30 billion (US$22 million) 25-megawatt mobile generator to meet the city’s electricity demand during peak periods and emergencies. The TM2500 generator (pictured below) by GE Myanmar will be funded under the President’s Reserve Fund. GE and its partner, Golden Green Energy, transferred the TM2500 to the Yangon Region Government in […]

Myanmar insurance to thrive with competition and free market

U Myo Min Thu is the Managing Director of AYA Myanmar Insur­ance (AMI), one of the top three private insurers in Myanmar. AMI was created in 2013 follow­ing the liberalization of economic policy which permitted private insur­ers to enter the market. AMI is the insurance arm of AYA Financial Group, a conglomerate which also owns […]

Solving Myanmar’s Power Problem

ABB believes microgrids are the solution to Myanmar’s power shortage problems. A senior executive at the power grid company explains how it can be done. Stay in Yangon long enough and you’ll probably experience the electricity going off halfway through your meal at one of the city’s many restaurants. The problem is so common in the […]

Myanmar to Receive Revenues from China-Myanmar Crude Oil Pipeline

Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U Htin Kyaw’s state visit to China. Now, imported crude […]