The Ministry of Electricity and Energy says Myanmar is on track to receive electricity from the national grid by 2030. Minister of Electricity and Energy U Win Khaing said that 58 percent of the country currently has access to the national grid but plans are in the pipelines to expand this coverage to 100 pc […]
KBZ Group, PTT partner to develop oil terminal
June 13, 2019 by
The Kanbawza Group (KBZ) and Thai state-owned PTT Public Company (PTT) will enter into a joint-venture agreement through their subsidiaries for oil-terminal development and retail business expansion, the companies’ said in a press release. KBZ’s Brighter Energy Co and Brighter Energy Retail Co will partner with PTT’s subsidiary PTT Oil and Retail Business Public Co […]
Investors to be invited to boost LPG, CNG businesses
April 1, 2019 by
Investors will be invited to boost gas exploration as well as LPG and CNG businesses, said Union Minister Win Khaing for Electricity and Energy. He said investment in such businesses would help improve Myanmar’s electricity sector. “To improve the electricity sector, we will invite investors to cooperate with us in exploring gas and developing LPG […]
Electricity subsidy is wrong, Pun tells minister
September 17, 2018 by
Business leader Serge Pun weighed into the debate on the country’s energy tariff reforms at the Myanmar Global Investment Forum in Nay Pyi Taw on September 11, calling the electricity subsidy “wrong” and saying that the authorities are not pushing reforms due to “political sensitivity.” “I think it [subsidising electricity] has always been a wrong […]
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