Power supply to increase to over 55% in 2019-2020 FY
Electricity supply in Myanmar will increase to 55.72 percent in 2019-2020 fiscal year from 47.25 percent in 2018-2019 FY, according to budget data for 2019-2020 FY. In nearly three years, over Ks-2,327 billion was invested to generate 900 more megawatts of electricity and plans are underway to generate additional 1,000 megawatts, according to the Ministry […]
President attends celebration of 50% nationwide electrification
A ceremony to celebrate the achievement of 50 percent nationwide electrification took place at the Ministry of Electricity and Energy in Nay Pyi Taw, attended by President Win Myint, the President Office reported. In his opening speech, the President said the government has been making efforts to meet domestic electricity consumption as power supply in […]
Pressure grows on Myanmar to delay solar tender
The Ministry of Electricity and Energy is facing pressure from key private sector bodies and embassies over its plans to rush through a 1 GW solar tender in the middle of the pandemic. On May 25, the American, British, and European chambers of commerce submitted a letter to the ministry highlighting their concerns and asking […]
Private household meter boxes permitted for YESC civil servants
The Yangon Electricity Supply Corporation (YESC) has allowed private metered electricity boxes for civil servants in particular shared households. Yangon Region minister for Electricity, Industry and Transportation Daw Nilar Kyaw said residents can apply for a household meter with the respective township electricity manager. “When electricity charges were raised in placeswhere residents use ashared meter […]
Prolonged Myanmar Blackouts Causing Major Problems for People, Businesses
Prolonged power blackouts and soaring fuel prices in Myanmar are hitting people in cities hard and increasing uncertainty for the country’s businesses, according to interviews with people in Yangon and elsewhere in the country.
Proposal to purchase power from China to be studied
The Ministry of Electricity and Energy (MOEE) says a feasibility study will be conducted as soon as possible on a proposal for Myanmar to purchase electricity from China. This was revealed by MOEE Deputy Permanent Secretary U Soe Myint to the Myanmar Times on Monday. An agreement to conduct a study for a China-Myanmar cross-border […]
Prospects for oil and gas in 2019
new draft of the petroleum law has been tabled. After the bill is amended, Hluttaw will enact in. However, before in comes into force, it can be amended if the people provide suggestions. Will the new law be effective in the case of the oil block tenders that will be called soon and for the […]
PTT Group fast-tracks power plans
PTT Group is putting its power business on the fast track, with generation capacity expected to increase by at least 1 gigawatt each year in a bid to achieve a target of 16GW by 2030.
PTT will open the first station in Myanmar this year
After signing various partnerships, the energy firm will roll out a network of 70 stations and build fuel depots in the country. Thai energy company PTT Oil and Retail Business (PTTOR) has made official its entry into the Myanmar market by announcing the opening of stations and the construction of fuel depots. PTTOR will open […]
PTT wins deal to develop electricity supply for New Yangon City
PTT Group announced today that it has won a deal for the development of an electricity production system for New Yangon City in Myanmar. Chawalit Tippawanich, president and CEO of Global Power Synergy Co Ltd (GPSC), said that the New Yangon Development Co Ltd (NYDC) of Myanmar has chosen PTT Group, comprising PTT Exploration and […]