Scan Inter moves away from gas via GEP

SET-listed Scan Inter (SCN), a compressed natural gas (CNG) service provider, plans to acquire more assets in the renewable energy sphere via subsidiary Green Earth Power Thailand (GEP), which sees opportunities in Myanmar’s growing capital, Naypyidaw.

The Lighting Myanmar Program

The International Finance Corporation (IFC), in association with other organizations, has arranged a $3.45 million grant to the Myanmar government as part of the Lighting Myanmar program. The grant will be used to fund a rural solar electrification program that is separate from the national grid.

India proposes oil refinery to expand presence in Myanmar energy

India wants to build a US$6 billion oil refinery in Thanlyin, Yangon, to rival China’s investments in Myanmar’s energy sector, according to India’s Foreign Secretary Harsh Shringla and Indian Army Chief MM Naravane during their joint visit to Myanmar this week.

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.