Myanmar’s 1 GW solar tender concludes with lowest bid of $0.0348/kWh
The country’s Ministry of Electricity and Energy allocated all tendered solar capacity in its first procurement exercise for large-scale PV. Final prices ranged from $0.0348 to $0.051 per kWh. China Machinery Engineering and Sungrow were the main winners, securing eight and nine projects, respectively.
Myanmar firm to build oil refinery in Dawei SEZ
Local company Myanmar Chemical & Machinery Co. Ltd (MCM) is planning to invest in an oil refinery in the Dawei Special Economic Zone, Tanintharyi, and has sought government permission to start a feasibility study and other preliminary research at the area, U Tin Htoo Naing, secretary of the Dawei SEZ Management Committee, said last week.
Why Plans for Wind Power From Chinese Firm Fell Apart in Myanmar
Residents of Chaung Tha, a holiday resort and village on the Bay of Bengal, still rely on diesel generators to get them through electricity blackouts more than four years after Myanmar’s government gave a Chinese company the go-ahead to build a wind farm nearby. Shortly before leaving office in March 2016, former president Thein Sein’s government […]
Oilman calls in Myanmar govt to be more transparent, flexible
With 45 years of experience in oil and gas, Smart Group Chairperson U Kyaw Kyaw Hlaing knows a lot about industry in Myanmar. ‘Now that gas prices have dropped, our LNG projects will be more viable, but prices may rise again, so we need to sell the gas as soon as possible to maximise profits. […]
National Electrification Project (NEP) being carried out
For the National Electrification Project (NEP) Phase-1, electrification works in the 2 miles of the system was carried out and with the budget surplus of the project, works are being carried out according to Ministry of Electricity and Energy. More than 2700 constructing works for electrification have been completed till May, 2020 and over 2100 […]
Myanmar govt extends electricity subsidy until December
The Ministry of Electricity and Energy (MOEE) announced on August 18 that Myanmar households will not need to pay for the first 150 units of electricity consumed each month until the end of December due to continued outbreak of COVID-19. However, embassies, United Nations organisations, and international organisations will not enjoy the power subsidy.
Magwe Region to build five small-scale refineries
Magwe Region is developing five Octane 92 mini refineries which will be able to refine up to 30,000 gallons of oil per day once they came into operation, said Magwe Region Natural Environment, Resources and Energy Minister U Myint Zaw.
