New mining infrastructure to be installed at Shan’s Bawdwin lead mine
Existing infrastructure at the Bawdwin Joint Venture mine in Namtu, Shan State, will be replaced to support the mining and refining of lead, according to a company announcement on July 31. Mining operations at Bawdwin, once the world’s largest source of lead, are expected to recommence in 2023.
Consortium-led LNG to power project in Myanmar gets approval
A consortium of Marubeni, Sumitomo, Mitsui, and Eden Group has received a notice to proceed (NTP) with an LNG power plant in Myanmar. The Ministry of Electricity and Energy of Myanmar issued the notice for an LNG project in Thilawa. In dong so, the ministry has granted exclusive rights to the joint venture of the three […]
Natural gas mainly used for power generation
Yangon—In eight months of the current fiscal year, natural gas-fired power generation exceeds 7,500 KW hours and the electricity generated by hydropower, 6,100 KW hours, according to the statement by the Central Statistical Organization. From October to May of 2019-2020 fiscal year, the hydropower hit 6,127.11 KW hours, natural gas, 7507.69 KW hours, thermal energy, 1652.44 […]
Grip trip causes day-long blackout in Yangon
Many of the Yangon residents experienced several hours long blackout as there was “a system breakdown” in the National Power Grid at 12:35pm on Friday, July 24, the regional electricity corporation said. The 230kV Taungtwin-Nay Pyi Taw power cable near Nyaung Wine village was at “fault” resulting in many areas in Yangon Region to experience […]
World Bank and Myanmar Sign Pact to Provide Off-Grid Solar Products in Rural Areas
The World Bank has signed an agreement with the Government of Myanmar to provide off-grid solar products to 450,000 people in rural Myanmar. The result-based financing for off-grid solar products is worth $3.45 million. It is co-funded by the Global Partnership for Results-Based Approaches (GPRBA) and the Energy Sector Management Assistance Program (ESMAP).
Thailand offers 45.7-million-USD loan for Myanmar’s electricity development
Bangkok (VNA) – Thai Government has approved a concessional loan worth 1.45 billion baht (45.7 million USD) to help Myanmar improve its electricity system. Rachada Dhnadirek, Thailand’s deputy government spokeswoman, said on July 14 that the loan is part of the country’s initiative to strengthen ties with neighbouring countries.
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 […]
Turning on the Lights for 450,000 People in Rural Myanmar
More than 450,000 people in rural Myanmar are expected to gain access to clean energy for the first time following the signing of a grant agreement between the World Bank Group and the Government of Myanmar. The Results-Based Financing for Off-grid Solar grant agreement, worth US$3.45 million, is co-funded by the Global Partnership for Results Based Approaches (GPRBA) […]
