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Myanmar to buy power from China

“We will buy 1000MW by 2021 but it is impossible to use all the electricity. We will resell the excess,” U Soe Myint said. The electricity will be transported from Dohon in China to Muse, Mine-ye, Hopone, Loikaw and Phayagyi. “Even if we are not able to buy the entire 1000MW, we will purchase at […]

South Korea power company eyes opportunities in Laos

A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricite du Laos (EDL), and Kepco as well as related sectors from Lao and the Republic of Korea was held in Vientiane last week. “The Ministry of Energy and Mines is aware of the importance of modern technology which will increase our energy […]

South Korean power company eyes opportunities in Laos PDR

The Korea Electric Power Corporation (Kepco) hopes to expand its power equipment business as well as explore other avenues of cooperation with Laos’ energy sector. A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricite du Laos (EDL), and Kepco as well as related sectors from Lao and the Republic of Korea […]

Electricity and petrol price hikes pushing inflation up

According to latest statistics released by GSO, Vietnam’s CPI in April increased by 0.31 percent over the previous month, while average CPI in the first 4 months increased by 2.71 percent compared to the same period in 2018. “The increase in petrol and electricity prices have had a direct impact on increasing the consumer price […]

France to support development of Cambodian electrical grid

France will support the development of the Kingdom’s power transmission network with $30 million in financing. According to a press release from the Ministry of Economy and Finance, Minister Aun Pornmoniroth and Remi Riou, general manager of the French Development Agency (AFD), will sign a financing agreement in the near future. “As planned, the Minister […]

Italy extends funds to help light up Chin state

Italy will lend €30 million to Myanmar for solar panels to light up rural residential areas in Chin State, said U Tun Lwin, deputy permanent secretary at the Ministry of Agriculture, Livestock and Irrigation (MOALI). “We will use the funds to implement electrification projects in Chin state,” he said. The loan agreement was signed between […]

French to help finance Myanmar’s hydropower upgrades

Myanmar is set to receive a €35.7 million (K60.2 billion) loan from the French Development Agency (AFD) to upgrade to five hydropower plants, President U Win Myint said in a message to the Assembly of the Union (Pyidaungsu Hluttaw). The term of the loan is for 13 years, with a seven-year grace period, at an […]

Chinese company unveils plans for solar investment in Cambodia

China Huaneng Group has unveiled plans to invest in a 200-megawatt solar project in Cambodia to help develop the Kingdom’s renewable energy industry. In a meeting on Sunday with Cambodian Prime Minister Hun Sen, held on the sidelines of the Belt and Road Initiative (BRI) Forum in Beijing, a representative of China Huaneng said the […]

How tariffs are determined for energy consumers

KUALA LUMPUR: As the next six-month deadline (June 30) draws nearer for the Energy Commission (EC) to reflect changes in fuel and generation costs in electricity tariffs, some quarters expect to see electricity tariffs being reduced to match the international pricing of gas and coal. As two-thirds of our electricity bill come from fuel and […]

Malaysia aims RM10b potential investments at Expo 2020 Dubai

Malaysia is expecting to rake a potential trade and investment of RM10 billion through the country’s participation at the Expo 2020 Dubai. According to Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin (picture), Malaysia will exhibit sustainable energy solutions, while the clean energy and green industry will be displayed at the centre […]