Andaman explores solar in Sagaing

Investment and advisory firm Andaman Capital Partners is working with the Sagaing Region government to find commercial opportunities for solar power, with a view to securing a 450-acre site and generating up to 80 megawatts of electricity. If the project is approved, it would become the third major foreign investment into solar energy in Myanmar. […]

Coal power central to gov’t energy plans

Myanmar’s energy sector will require investment of between US$30 billion and $40 billion over the next 15 to 20 years, and should focus on coal power, according to the government’s Energy Master Plan, published last month. Domestic energy consumption is forecast to almost double to 21.9 million tonnes of oil equivalent (mtoe) in 2030 from […]

Foreign assistance vital in boosting energy in Myanmar

FINANCIAL and technical assistance from international governments and institutions will be as important as foreign direct investment (FDI) in order to boost Myanmar’s power sector development, an energy official has said. Win Khaing, a member of National Energy Management Committee (NEMC) and president of Myanmar Engineering Society, said at the 6th Myanmar Oil and Gas […]

Myanmar drafts national energy policy

Myanmar is drafting a national energy policy which meets international standard and comprehensive suggestions from development partnership organizations and experts are being invited for the draft, official media reported Wednesday. Myanmar Vice President U Nyan Tun told the National Energy Management Committee that socio-economic development of the country cannot achieve success as expected not because […]

Myanmar Plans Electricity Expansion With Assistance From ADB, Japan

The Asian Development Bank (ADB), through US$2.85 million in grant financing from the Japan Fund for Poverty Reduction (JFPR), will help the Government of Myanmar formulate a long-term energy plan and prepare to expand and upgrade its power grid. “Myanmar has indicated that its energy policy should promote sustainable and renewable resources, as well as […]