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Keen investor interest in privatisation of Yangon water system

Investors are showing keen interest in managing and distributing water in Yangon, with a total of 32 local and foreign companies having submitted expressions of interest (EOI) for the job since August 28, when the Yangon City Development Committee (YCDC) first announced its privatisation plans. The private sector has until October 28 to submit EOIs, […]

Parliament Approves $40M French Loan to Upgrade Hydropower Plants

YANGON—The Union Parliament approved on Thursday a €35.7-million (US$40 million or 60-billion kyats) loan from Agence Française de Développement (or the French Development Agency) to be used for major upgrades to five hydropower plants in four regions as Myanmar experiences country-wide waves of regular power cuts. Of the 606 lawmakers in attendance, 546 voted in […]

Power plant wastewater causes health problems, water shortages in Tikyit

Wastewater from the coal-fired power plant in Tikyit, Pinlaung Township, Pa-O Self-Administered Region, has been identified as the cause of health problems and drinking water shortages in the area. Edin Power Company Group started operating the coal-fired power plant on March 1. Residents said the coal-fired power plant in Tikyit uses natural purified drinking water, […]