Emergency project proposals greenlighted by MIC
A number of energy projects, including emergency power plants, have been greenlighted by the Myanmar Investment Commission (MIC). The MIC in November 2019 approved the application of a joint venture between China National Technical Import and Export Corporation and Hong Kong-listed VPower Group for a 400MW LNG plant in Yangon Region, involving US$360 million, and […]
Energy Efficiency Target of Myanmar
This policy was authorised by ASEAN Member State as of June 2020, and contributed by ASEAN Climate Change and Energy Project (ACCEPT).
Energy minister orders safety review of oil, gas pipelines
Energy Minister Supattanapong Punmeechaow has instructed officials to conduct a safety review of the nationwide oil and gas pipeline network, following growing concerns by state officials and civic groups over a recurrence of the deadly gas pipe explosion last Friday.
Energy ministry tells bidders no extension for solar tender
Myanmar’s Ministry of Electricity and Energy has rejected requests from prospective bidders for a major solar farm tender to extend its one-month deadline, which they say is impossible to meet because of the COVID-19 crisis and tough conditions attached.
Energy sector tops the FDI list with over $538 m
Till December of 2019-2020 fiscal year, the total foreign investments in 12 business sectors reached 1.164 billion US dollars with the inflow of over 538 million US dollars in the energy sector topping the list, according to the Directorate of Investments and Company Administration (DICA). The FDI in the energy sector reached 538.575 million US […]
ENGIE targets solar-diesel-storage mini-grids in Myanmar with Mandalay Yoma
ENGIE has teamed up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage. The French energy giant has been increasingly active in the off-grid clean energy space in India and Africa since 2016, and this month has taken a minority stake in Mandalay Yoma […]
EPGE extends Magwe power plant tender deadline
Myanmar’s Ministry of Electricity and Energy has extended the deadline of a gas-to-power plant tender to next week. On April 28, the ministry’s Electric Power Generation Enterprise (EPGE) announced a tender for a 12 megawatt gas-powered plant in Magwe on a build-operate-own basis.
EU envoy pledges support for Myanmar economy amid COVID-19
The EU’s top envoy to Myanmar pledged to continue supporting the economy over the duration of the COVID-19 pandemic and beyond. In an exit interview with The Myanmar Times, EU Ambassador Kristian Schmidt said he is proud to have shown the country that the EU is a “reliable and steadfast partner in a moment of […]
EU tarries on Myanmar oil and gas sanctions
The European Union is in a state of flux over its planned fourth round of sanctions on Myanmar’s military junta, with sources saying the targeted measures that were supposed to be announced next Tuesday (February 1) could be delayed until later in February.
Everyone can now sell electricity – what does this mean for us?
Airbnb made everyone a hotelier, while Uber allowed ordinary drivers to become taxi cabs. Now people can become power stations, selling what they generate from solar and other renewables to their neighbours. This is a concept of microgrids – small community electricity networks that exist outside of the monopoly power suppliers. It has attracted investments […]