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Wärtsilä awarded 40MW equipment supply contract for power plant in Myanmar

Wärtsilä has been awarded a 40MW equipment supply contract for a power plant in Shwe Taung, Myanmar. The MCM Power facility aims to help meet the nation’s increasing energy demand by feeding baseload power into the national grid and alleviate its ongoing energy shortage. The plant will operate on four natural gas engines and is […]

Taking a Quantum Leap to Revamp Myanmar’s Economy

YANGON—Since last year, Myanmar officials responsible for drumming up foreign investment have been shuttling between Naypyitaw and Asian countries to pitch the government’s latest legal, procedural, and institutional reforms to potential investors as part of efforts to revitalize the country’s economy. State Counselor Daw Aung San Suu Kyi often highlights foreign direct investment (FDI) as […]

Thai, Indian Firms Selected to Supply Power, Gas to Myanmar New City Near Yangon

YANGON—The main developer of a controversial new city slated for construction on the western bank of the Yangon River has selected two foreign companies to supply and distribute electricity and natural to for the project. New Yangon Development Company (NYDC) announced on Tuesday that it has chosen Thailand’s PTT Group, comprising PTT, PTTEP and GPSC, […]

Tanintharyi calls for tender to supply Dawei with power

In a move to ensure that Tanintharyi Region’s capital Dawei continues to have electricity, the regional government has invited companies to bid for a new tender to supply electricity to the capital and surrounding area, known as Dawei district. The regional minister for electricity and energy U Aung Thura told The Myanmar Times that the […]

Power purchase tenders called for summer 2020

The Electric Power Generation Enterprise (EPGE) under the Ministry of Electricity and Energy (MOEE) has called for purchase tenders at five power projects with the aim of producing over 1000MW of energy in time for summer next year. The invitation comes after State Counsellor Daw Aung San Suu Kyi last week officiated the opening of […]

World Bank Puts Myanmar’s Power Investment Needs at $2B a Year

YANGON—To sustain economic growth, Myanmar needs to invest up to US$2 billion (3.06 trillion kyats) annually in its electricity sector, according to a World Bank report released on Tuesday. In the report, “Myanmar Economic Monitor: Building Reform Momentum”, the World Bank said Myanmar’s economic growth is expected to rise to 6.5 percent in fiscal 2018-19, […]

To electrify myanmar, build the grid from the outside in

Kin Cho has been selling bottled petrol to passing motorists in central Myanmar for over a decade. Each liter costs roughly $1, and she sells about four on a good day. Now that her village is hooked up to reliable electricity, she bought an electric fuel dispenser. She now makes $20 a day from petrol […]

Kyaukphyu power deal expected ‘within weeks’: Supreme Group

The consortium developing a 135-megawatt power project at Kyaukphyu in Rakhine State expects final approval of a power purchase agreement within weeks, a spokesperson says. Myanmar’s Supreme Group and Chinese state-owned firm Sinohydro are jointly developing the US$180 million project, which will use gas from the Shwe field and generate power for distribution in Rakhine […]

Parliament approves US$749m Japan loan for Yangon, Mandalay

The Pyidaungsu Hluttaw (Assembly of the Union) has approved a ¥82.27 billion (US$748.5 million) loan for urban development projects in Yangon and Mandalay. The loan would finance sewage pipe system development in Yangon, as well as electricity distribution in Yangon and Mandalay, among others, according to U Maung Maung Win, deputy minister of Planning and […]

Scheduled Power Outages for Myanmar’s Major Cities

MANDALAY—The electricity supply boards in Yangon and Mandalay have told the public to prepare for reduced power distribution rates and major power outages due to a reduction in rates of electricity being generated by hydropower stations. The Mandalay Electricity Supply Corporation (MESC) announced on Sunday that it will cut power to different districts of Mandalay […]