Auction nets extra K140m from fishing license

According to him, 122 ponds were auctioned by the regional fisheries department at its branch in Nat Yay Kan, Amarapura townhship, from May 3 to 9 and 105 ponds were sold. Figures from the statistics department show that over K400 million was received from ponds that were sold through tender blocks and over K130 million […]

All of Chin and Rakhine, Most of Kachin to Offer 7-Year Tax Breaks Under New Investment Rules

​​ The Myanmar In­vestment Commis­sion has released a list of townships that will be able to offer in­vestors special income tax exemptions under the new investment law, due to come into effect next month. The commission has di­vided the country’s town­ships into three categories from Zone 1, least devel­oped, to Zone 3, most de­veloped. Investors […]

Sembcorp Will Hand $300m Power Plant To Myanmar Government in 22 Years

​​ The Singapore-listed energy company Sembcorp has signed a build-operate-transfer agreement with the Ministry of Elec­tricity and Energy for a 225-megawatt gas-fired power plant in Myingyan, near Mandalay. The signing “represents a key milestone” for the $300 million project, the company said in a state­ment. Under the deal, the Sembcorp Myingyan Power Company will op­erate […]

BASF plant to produce construction chemicals in Myanmar

Germany’s BASF is building a plant in Myanmar to produce chemicals for the booming domestic construction industry, and to fill a need for more advanced materials. “As Myanmar’s construction industry grows more sophisticated in its scope, which includes high-rise buildings, roadways and bridges, the requirement for high-quality technical and construction solutions will increase,” said Christian […]

ABB to automate 225 megawatt combined cycle power plant in Myanmar

ABB recently won an order from Singapore-based Jurong Engineering Limited (JEL) to supply a Symphony Plus total plant automation system for one of the largest combined cycle power plants in Myanmar, located in the Myingyan district of the Mandalay division in central Myanmar. The Symphony Plus system will control and monitor the entire power plant, […]

Indian cotton plantation successfully done in Myingyan Township

Agriculture is the main industry of Myanmar, which makes farmers a part of the most important sector in this country. In Mandalay Region, Myingyan Township, the local cultivators are very pleased with the recent completion of the plantation of Indian cotton, it is learnt. “We cultivated six silver cotton (plantations) last year at west Myingyan […]

GE supplies gas turbines for Myingyan power project

Two gas turbines supplied by General Electric (GE) have been purchased from Sembcorp Utilities for a 225-megawatt power plant to be built for the Myingyan power project in Mandalay Region. The purchase of the Heat Recovery Steam Generators was in the mix, according to a GE press release. The new power plant is expected to […]

Power sector: Lofty goals, missed targets

The power sector in Myanmar over the past five years has been characterized by ambitious plans and unrealized targets. While a few power projects have been completed during the outgoing government’s term, others were suspended or cancelled and dozens more remain in limbo. Myanmar remains one of the least-powered countries in Southeast Asia. Just over […]

Sembcorp signs deal to supply power to Myanmar for 22 years

The power to be supplied will be produced by Sembcorp’s upcoming power project in Myingyan, Mandalay. SINGAPORE: Sembcorp Industries (Sembcorp) has signed a long-term power purchase agreement with Myanma Electric Power Enterprise (MEPE) to supply 225 megawatts of power over 22 years. The power to be supplied will be produced by Sembcorp’s upcoming power project […]

Rolls-Royce, China’s VPower Expand Cooperation

As part of its cooperation with China’s VPower, MTU Onsite Energy will provide 96 16V 4000 L32 gas generator sets with a total power output of 144 MW to a power station in Myingyan, Myanmar. That follows the delivery of 32 natural gas gen-sets with a total output of 45 MW in 2014 and 64 […]