Myanmar’s transition towards renewable energy sources will face near-term headwinds after the recent military coup. However, analysts are more optimistic over the medium to longer term given the dominance of Chinese companies in the sector.

KUNMING, Nov 5 (APP – UrduPoint / Pakistan Point News – 5th Nov, 2021 ) :The China-Myanmar natural gas pipeline has transported about 3.35 billion cubic meters of natural gas in the first three quarters of 2021, up 4.2 percent year on year, the energy administration of southwest China‘s Yunnan Province said Friday.

There was no second-guessing why China’s President Xi Jinping made Myanmar his first stop in a visit earlier this year, even as coronavirus was mercilessly gripping his nation: China has never ceased worrying about reliable supplies of gas, and the prospect of a pipeline with Myanmar is an attractive one.

Kyaukphyu Electric Power Company has invested US$172 million in a power generation project in Kyaukphyu, Rakhine State, according to the Directorate of Investment and Company Administration. The Kyaukphyu Electric Power Co, which is a joint venture between Myanmar’s Supreme Group and state-owned Power China Enterprise, will construct a gas-fired power plant which can generate a […]

A wharf on Made Island, the starting point of the China-Myanmar crude oil and gas pipeline, awaits giant oil tankers. Courtesy: China-Myanmar crude oil and gas pipeline project It was completely dark outside at night when this Global Times reporter visited Kyaukpyu county, Myanmar eight years ago. Now, the city has witnessed tremendous changes thanks […]

The Ministry of Electricity and Energy will soon announce the winners of its billion-dollar solar tender, officials say, after receiving more than 150 bids, the majority from Chinese companies. The ministry announced a tender for ground-mounted, on-grid solar plants at 30 sites totalling 1,060 megawatts in May. An unofficial list of bids seen by Frontier shows 155 were submitted […]

The solar tender has been marked by rushed land deals and a push for quick delivery, with Chinese companies winning almost all the sites.

There is a high risk that political turmoil in Myanmar will negatively affect the energy sector, however, Chinese companies look set to benefit from the tumultuous environment, according to Fitch Solutions Country Risk & Industry Research.

Chinese companies have outnumbered their local and foreign rivals by far in submitting bids for a controversial solar tender in Myanmar, according to an unofficial list of bidders seen by The Myanmar Times. The ministry has not made any official announcements about the number of bids received or released details of the bidders, however, the […]