Govt Greenlights Electricity Joint Ventures in Mon State, Bago Region

YANGON — The Myanmar Investment Commission (MIC) has granted permission to two joint ventures involving foreign partners to supply power to areas not connected to the national grid. “One is for households in Ye Township, and the other is for the developer of an industrial zone in Bago,” said U Than Aung Kyaw, deputy director-general […]

Electricity price hike set for April 1

In an effort to reduce state spending, the Pyidaungsu Hluttaw last week voted to move forward with a plan to increase the price of electricity as of April 1 for households by as much as 42.8 percent for units used over a certain threshold, parliament announced last week. Though households will still pay K35 per […]