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Around Ks32 billion profit budgeted for electricity sector

The government will generate a profit of around Ks 32 billion in 2019-2020 fiscal year as the electricity bill is increased, according to the Public Account Committee’s report. The Public Account Committee submitted its findings and remarks on the Union Budget Bill for 2019-2020 FY at the session of the Union Parliament on August 21. […]

Nationwide power production declines in August

During this month, the country’s total power production has reached over 2,900 MW, according to the figures from the Ministry of Electricity and Energy. On July 8, the maximum power production hit 3,178 MW. On August 2, the maximum power production amounted to 2,913.8 MW. The power production declined by over 264.2 MW. Yangon consumes […]

Royal capital to ‘smart city’: Myanmar’s Mandalay gets high-tech makeover, sparks ‘spy’ fears

YANGON — Once a seat of kings, the city of Mandalay in northern Myanmar has seen turbulent chapters in its 162-year history — the fall of Burma’s last royal dynasty and decades of colonial rule. Now, officials are attempting to transform the former royal capital into Myanmar’s first “smart city”. In a country where officials […]

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 […]

Myanmar looks to fund grid investment with huge electricity rate hike

Myanmar has increased its electricity rates this month for both residents and businesses for the first time in five years in a move designed to fund investment in the sector and meet rising demand. Electricity rates in Myanmar have been the lowest in the ASEAN region, which in the long run appeared to be financially […]

Myanmar produces about 3,200 megawatts of electricity daily

Myanmar is now generating about 3,200 megawatts of electricity daily, according to Ministry of Electricity and Energy. The maximum production was reached to 3,078 megawatts on May 5, 2019 and it increased to 3,178 megawatts on July 8. Yangon Region is topped with consuming of 1,409 megawatts of electricity (over 44 per cent of the […]

Curtin Malaysia’s GEEC to enhance teaching, research in renewable energy

MIRI: The Faculty of Engineering and Science of Curtin University Malaysia has opened its ‘Green Electric Energy Centre’ (GEEC) slated for enhancing the teaching and research in renewable energy and also adding to its range of laboratory facilities. The GEEC is equipped with state-of-the-art data loggers to obtain and store energy data harvested from fixed-axis and […]

Electric meters to be made more visible

An instruction has been issued to the relevant authorities to move electric meters from utility poles to more prominent place for the public, said U Soe Myint, deputy permanent secretary of Ministry of Electricity and Energy.  “We’ve instructed that the meter boxes be relocated to more visible places. The public needn’t pay the costs for […]

Yangon Region losing electricity units worth over K1.6bn yearly

Government suffers losses of K1.6 billion per year as each of 45 townships in Yangon Region see loss of electricity units worth about K30 million every month, said MP Yan Aung for Mingalar Taungnyunt Township Constituency No (2). The MP made the remark in his question about any plan to prevent electricity unit losses and […]

Myanmar hikes electricity rates to fund grid investments

YANGON — Myanmar will raise electricity prices for the first time in five years, with rates as much as tripling for households and nearly doubling for businesses. The government’s just-announced tariff increases take effect this coming Monday and will bring relief to money-losing utilities that have sold power for far below generating costs. With urbanites buying […]