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Myanmar to build LNG power stations to meet energy requirements in 2022

Myanmar is planning to start three liquefied natural gas (LNG) power projects and a combined cycle power project to meet energy requirements in 2022, said Union Minister Win Khaing of Electricity and Energy. “The ministry provided electricity to 30 per cent of households recent years and the supply will be up to 50 per cent […]

Great Hor Kham expands into hydropower, prepares for YSX listing

U Sai Ohn Myint, chair of the board of directors of Great Hor Kham Public Company, which will list on the Yangon Stock Exchange this year, isn’t too worried about trading volumes on the local bourse, which have all but collapsed since opening for business in early 2016. “I think investors will be able to […]

Gov’t plans three hydropower projects in Sagaing region

The regional government is planning to develop three hydropower projects in Homalin, Kani and Nanyon townships in Sagaing region under the guidance of State Counsellor Aung San Suu Kyi, said Than Nyunt Win, regional minister for electricity, industry and transport. The company that won a tender to conduct an assessment of the potential for electricity […]

Myanmar pushes for more hydropower projects

NAY PYI TAW, YANGON – The Ministry of Electric Power reiterated the necessity of hydropower projects, citing an increase in power demand. Htein Lwin, permanent secretary at the Ministry of Electric Power, said during the press conference to mark the government’s first 100 days in power in Nay Pyi Taw that there is a need that Myanmar […]

Upper Paunglaung hydropower project opened in Sittang River valley

Myanmar’s 140-MW Upper Paunglaung hydropower project officially opened this week in a ceremony that included officials from the country’s Minsitry of Electric Power and President U Thein Sein. Located in central Myanmar along the Paunglaung River, the $24 million plant will help meet the country’s demand for power, which is increasing about 15 percent per […]

IFC signs services agreement for hydroelectric development with Myanmar

World Bank Group member, International Finance Corp., in September signed an advisory services agreement with the government of Myanmar to help improve environmental and social risk management in hydropower projects, according a press release from the IFC. Myanmar has recently approved a new electricity law and is finalizing the procedures for environmental impact assessment. The […]

Myanmar incurs wrath of civic groups as hydropower solutions remain its main priority

MYANMAR’S Electric Power Ministry will go ahead with hydropower projects, the Minister for Electric Power, Industry, Science and Technology said last week amid reports of local resistance. Nyan Tun U told the Confexhub’s Myanmar Green Energy Summit that the government would fulfil its target to achieve universal electricity access by 2030. At present, only about […]

Govt can renegotiate gas-export contracts, Parami CEO says

Myanmar should renegotiate its gas-export contracts with neighbouring countries to solve its energy crisis, Parami Energy Group chief executive officer Pyae Wa Tun said, suggesting that about half of the natural gas being exported should remain in Myanmar. Renegotiating the contracts would free Myanmar from the need to pursue environmentally risky large-scale hydropower projects and […]

Cronies & Coal

YANGON- Cronies have been granted hydropower projects on Ayeyawady and Thanlwin Rivers including the Myitsone dam without public notice. Moreover, 23 firms including cronies’ companies were granted hydropower projects and they were also allowed to generate and distribute power in 84 townships across the nation. The tycoons also received the green light to build natural […]

Singapore’s Navigat Creates Blueprint for Future Myanmar Power Deals

YANGON — A subsidiary of Singapore-based Navigat Group said on Monday it had begun supplying power under a purchasing agreement that will be the template for future deals by Myanmar, which has one of the lowest electrification rates in Asia. MAXpower (Thaketa) Co Ltd said it spent $35 million building a 50MW gas-fired plant in […]