Russian firms eye Myanmar energy infrastructure

Russia and Myanmar have discussed the participation of Russian companies in energy infrastructure construction in the south-east Asian country, Russia’s energy ministry said on Wednesday.

Myanmar’s erratic electricity supply is forcing small businesses to shut down

Micro, Small, and Medium Enterprises (MSMEs) are reportedly experiencing adverse effects due to frequent electricity blackouts, leading to some businesses having to halt their operations. The state-owned Yangon Electrical Supply Corporation (YESC) reported in April that the production capacity of large hydropower plants in the national power system has decreased due to dry conditions.

Myanmar Junta Seeks AI Tech from Russia to Pump More Oil

The junta’s new energy minister has asked Russia to provide technology embedded with artificial intelligence to extract oil from wells in Myanmar that do not have much left in them, as he continues scrambling for investment in what was one of Myanmar’s most attractive industries for foreign investment before the coup.