YANGON — Myanmar needs to invest twice as much and implement projects three times faster to address its rapidly growing demand for electricity, the World Bank said. The figures presented in its Myanmar Economic Monitor, a biannual report released on Tuesday, indicated that Myanmar’s electricity supply will further deteriorate without a steep increase in investment by […]

YANGON—To sustain economic growth, Myanmar needs to invest up to US$2 billion (3.06 trillion kyats) annually in its electricity sector, according to a World Bank report released on Tuesday. In the report, “Myanmar Economic Monitor: Building Reform Momentum”, the World Bank said Myanmar’s economic growth is expected to rise to 6.5 percent in fiscal 2018-19, […]

YANGON — The consortium developing a 135-megawatt power project at Kyaukphyu in Rakhine State expects final approval of a power purchase agreement within weeks, a spokesperson says. Myanmar’s Supreme Group and Chinese state-owned firm Sinohydro are jointly developing the US$180 million project, which will use gas from the Shwe field and generate power for distribution […]

West of the downtown area, across the Yangon River, there’s a narrow spit of land that ends at the mouth of Twante Canal, with the island of Seikgyikanaungto to the west. For a brief period nearly three years ago, this site was to be the home of a power plant. It remains empty except for […]

Chief ministers of several states and regions are urging more decentralisation and less bureaucracy to speed the way to a federal system for the country. “We chief ministers are very active in inviting investments in our states and regions, but we are hampered by the central government. Without sufficient decentralisation, it will be hard to […]

IN JULY 2017, Frontier reported on the longstanding frustration among drivers in Myanmar at the poor quality of fuel sold at local stations. Just a few months earlier, the Myanmar Investment Commission had abolished a requirement that foreign investors in the sector partner with the Ministry of Energy and Electricity. The larger local players were […]

MANDALAY—Over 1,300 villages in rural areas of five regions will get access to electricity through solar power in fiscal 2019-20 as part of the National Electrification Project (NEP), according to the Ministry of Electricity and Energy. The ministry will team up with the Rural Development Department overseen by the Ministry of Agriculture, Livestock and Irrigation […]

YANGON, May 18 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has stressed the need to make utmost effort to increase electricity production, saying that the government has set up new infrastructure for the power system including installation of new cable lines and opening of new sub-power stations. Aung San Suu Kyi, who is […]

“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 […]

YANGON, May 10 (Xinhua) — Myanmar is targeting to raise the percentage of national electricity access to the power grid to 55 percent in fiscal year 2020-2021 from the current 44 percent, an official of the Ministry of Electricity and Energy has said. Permanent Secretary of the ministry U Tin Maung Oo told a press […]