Deal signed to purchase power from Kyaukphyu power plant project
The Ministry of Electricity and Energy (MOEE) has signed an agreement to purchase electricity generated by the 135 MW gas-fired Kyaukphyu Power Plant that will be built by independent power producer Kyauk Phyu Electric Power Co. According to a statement from the MOEE, the power purchase agreement (PPA) was signed last Tuesday. Kyauk Phyu Electric […]
Ministry of Electricity and Energy allows rural petrol stations to open
Deputy Minister for Electricity and Energy Dr Tun Naing was accompanied by Mon State Minister for Electricity, Energy and Industry U Hla Tun and Kayin State Minister for Electricity and Industry U Soe Hlaing as they visited the storage and distribution sub-department of Myanmar Petroleum Product Enterprise (MPPE) in Mawlamyine, Mon State, yesterday. Deputy Minister […]
Businesses bear with rising electricity bills in hopes of better supply next year
Myanmar’s electricity tariff hike has led shops and restaurants in Yangon to cut back on electricity consumption, and local business owners are betting that the government will be able to plug the shortfall next summer. Yet, power continues to be in short supply. The government is now rushing five so-called “emergency power” projects totalling more […]
Myanmar State Firm Signs Deal to Buy Electricity From Strategic Chinese Project in Rakhine
YANGON—A Myanmar state-owned enterprise has inked a power purchase agreement with a Myanmar-China joint venture company that is developing a 135-megawatt (MW) power plant project in Kyaukphyu, in western Myanmar’s Rakhine State. The plant is one of the strategic projects that make up the Myanmar section of Beijing’s grand infrastructure plan, the Belt and Road […]
More than 14500 villages have electricity access
Myanmar is implementing the national electricity plan taking a loan of 400 million US dollars from the World Bank. A total of 14,570 out of 63,264 villages have access to electricity, according to the Ministry of Electricity and Energy. Under the National Electricity Plan (NEP), Myanmar has set a goal of electrifying the whole country […]
New LED lights to brighten Yangon streets
The Yangon Electricity Supply Corporation (YESC) will be solely responsible for maintaining all streetlights in the region and will change the current lights to more efficient LED ones, Daw Nilar Kyaw, Minister for Electricity, Industry, Transport and Communication, said on September 26. The announcement came as a response from Daw Thet Htar New Win, Member […]
GE eyes expansion in Myanmar energy, healthcare sectors
GE, the high-tech energy, health and aviation equipment provider, has plans to expand its reach in the Myanmar energy and healthcare sectors. “Myanmar has huge potential in terms of revenue and orders for GE. Myanmar needs healthcare and a lot of electricity. There are good prospects in natural gas production and solar energy sector,” Mr […]
Myanmar rushes power plant projects to avoid more blackouts
YANGON — Myanmar’s government is trying to address the country’s worsening power shortage, aiming to add 1,072 megawatts of new electricity generating capacity ahead of elections in late 2020. The move reflects concerns about growing public dissatisfaction over crippling power blackouts and price increases to help fund a string of power plant projects. The energy […]
Myanmar’s energy prospects, emergency tenders and renewables
Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff hikes, next year’s blackout risks, the potential of renewables and the sector’s investment prospects The Myanmar government has put in place the National Electrification Plan to achieve 100 percent electrification by 2030, but implementation is behind schedule, putting the […]
Myanmar’s fifth emergency power tender goes to Energy China
Exclusive: A consortium led by China Energy Engineering Group (CEEC) has won the fifth emergency power project put out to tender by the Myanmar government, The Myanmar Times can reveal. A senior source involved in the energy sector told this newspaper that Beijing-based CEEC, a state-owned energy conglomerate also known as Energy China, had been awarded the bid to […]