Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, […]
New Hydropower Developers’ Association to drive sustainability in Myanmar
May 13, 2019 by
A new industry association is launching in Myanmar to promote sustainable development in the hydropower sector. The Myanmar Hydropower Developers’ Association (MHDA) is an innovative platform for hydropower companies and industry professionals to support dialogue, influence sector policies, and improve environmental and social management practices and governance. The MHDA was founded in 2016 as the […]
Local hydropower association goes independent
April 30, 2019 by
The Myanmar Hydropower Developer’s Association (MHDA), led by the International Finance Corporation (IFC), has now become an independent Myanmar-registered group promoting sustainable work in the country’s hydropower sector, it announced on Wednesday. Founded in 2016 as the Hydropower Developers’ Working Group, MHDA is a platform where hydropower firms and related professionals are able to support […]
US Solar Firm Tackles Cost Barriers Through Instalment System
July 25, 2017 by
A US-based solar product company launched its services in Myanmar with the support of the International Finance Corporation and United Nations Capital Development Fund to widen access to clean energy among the rural population. The opening of its first store in Myanmar was accompanied with the introduction of the instalment system for purchases. Greenlight Planet […]
Local, foreign investment invited to electrify 26 towns in Ayeyawady
July 11, 2017 by
Local and foreign investment will be invited in an effort to provide electricity to 26 towns in Ayeyawady Region, said Win Htay, the regional minister for electric power and energy and for industry and transport. The regional minister made the announcement during a discussion about the need for local and foreign investment for electricity development […]
Upgrade Underway to Improve Power in Yangon
June 17, 2017 by
The government is upgrading electricity generation, transmission and distribution in Yangon Region, Daw Nilar Kyaw, minister of Electricity, Industry, Transport and Communication, told a news conference to mark the first anniversary of the government. She said that during fiscal 2016-17, the Yangon Electricity Supply Corporation (YESC) installed new cables in a pilot project in Hlaing, Dala, Tarmwe and Hlaing […]
Myanmar’s construction industry worth US$13.5bn by 2020
June 24, 2016 by
A report by Timetric Construction Intelligence Center (CIC) has found that that over the next five years Myanmar’s construction industry is to grow at a rate of 10.37% over five years. In 2015 the industry’s value was worth Ks9 trillion (US$8.2bn) and is expected to climb to Ks15 trillion (US$13.5bn) in 2020, according to the […]
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