Kyunchaung gas power plant project to be completed soon
The 20.54MW gas power plant project in Kyunchaung is going to be finished soon. As the current running gas turbine has been used for many years, its capacity reduces to only 4MW, said U Myo Thiha, chief engineer of Kyunchaung power plant. The electricity produced by Kyunchaung gas power plant is supplying to the national grid. Hong […]
PTTEP pledges to continue gas production work in Myanmar
Thai oil and gas company PTT Exploration and Production (PTTEP) will continue to execute its 2020 Economic Plan, which includes work in Myanmar, said Mr. Piya Sukhumpanumet, general manager from PTTEP Myanmar Asset.
POSCO International: Oil Price Plunge to Harm Earnings
POSCO International posted consensus-satisfying earnings for 1Q20. But, concerns towards its earnings from 2Q20 are emerging on likely: 1) earnings decrease at the trading division amid the Covid-19 crisis; and 2) OP erosion at the Myanmar gas field due to the recent oil price plunge. In order for investment sentiment to improve, oil prices will […]
Govt extends power bill payment deadline in Yangon
The government said that it will be extending the deadline for the monthly power tariff in Yangon for up to a month as part of measures to avoid unnecessary mass gatherings during the COVID-19 pandemic.
Toshiba Wins Order for Power Generation Equipment for Myanmar’s Sedawgyi Hydropower Plant Rehabilitation Project
Toshiba Energy Systems & Solutions Corporation (hereinafter “Toshiba ESS”) announced today that it received an order for two units of an approximately 14 MW hydro turbines and a control system from the Toyota Tsusho Corporation, the main contractor in a project to rehabilitate the Sedawgyi Hydropower Plant being undertaken by the Myanmar Ministry of Electricity […]
Test runs for Chinese gas plant to take place this month
One of Myanmar’s five emergency power plants will carry out test runs this month after missing an initial deadline to go live on March 31.
Myanmar generates over 3,500 megawatts of electricity
Myanmar is generating over 3,500 megawatts of electricity at the present and it is increased up to 500 megawatts of electricity within three months, according to figures from Ministry of Electricity and Energy.
Households exempted from first 150 units of electricity in April
Myanmar households will not need to pay for the first 150 units of electricity this month, U Soe Myint, deputy permanent secretary from the Ministry of Electricity and Energy told The Myanmar Times.
