SAGAING and YANGON – Myanmar is rushing ahead with a major solar power initiative amid the Covid-19 pandemic, giving potential investors just a month to submit bids and raising questions about the tender’s intent and viability. The Ministry of Electricity and Energy published a notice on its official Facebook page dated May 18 inviting companies to submit […]

ABOITIZ Power Corp. continues to look for opportunities abroad, including the expansion of its recent wind power investment in Vietnam. “We are always exploring and there are actually interested sellers,” AboitizPower Chief Operating Officer Emmanuel V. Rubio. “We are looking for projects that are eligible for FIT [feed-in-tariff] and they are wind and solar projects, some […]

While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.

AC Energy Inc. has formalized its entry inti Myanmar’s renewable energy (RE) market by forging ties with a Singapore-based company. In a disclosure on Monday, Ayala Corp. said Yoma Strategic Holdings Ltd. (Yoma Strategic) will form a strategic partnership with its power arm AC Energy. “Yoma Strategic and AC Energy are looking to establish a […]

Only 50% of households in Myanmar, one of the poorest nations in Southeast Asia, are connected to the public grid. Five years ago, the government set a goal of electrifying 100% of the country by 2030.

The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.

NAY PYI TAW, MYANMAR (27 November 2019) — The Asian Development Bank (ADB) has approved a $195 million financing package for a project that will develop climate-resilient and market-oriented infrastructure and livelihoods in 2,942 villages in Myanmar’s Ayeyarwady, Chin, Sagaing, and Tanintharyi regions. This will help reduce rural poverty and strengthen the villages’ climate and […]

Ministry of Electricity and Energy (MOEE) estimates that another 1000 MW of power for the country will be generated by the middle of next year. This was announced during a ceremony attended by President U Win Myint to mark the achievement of 50 percent nationwide electrification on December 13.

A full percentage of people living in rural areas of Yangon Region will have access to electricity by the end of December this year, said Chief Minister Phyo Min Thein.

Most areas in Yangon will experience blackouts from 9am to noon on April 2, the Yangon Electricity Supply Corporation (YESC) said. “We haven’t had any blackouts yet, until yesterday when the lights went out in the afternoon until the evening. If we knew about these power cuts in advance we could make preparations,” said Daw […]