Minister stresses use of technology to increase oil and gas production from dwindling fields
Efforts must be made to increase yield of onshore oil and gas fields with the use of modern technology as the production of oil and gas from those fields decrease, urged Union Minister for Electricity and Energy Win Khaing. The minister made the remark during a coordination meeting of the first quarter of the current […]
2,579 villages to receive electricity in Phase 2 of NEP
A total of 2,579 villages from all states and regions will gain access to national grid in line with Phase 2 of National Electrification Project (NEP) and among them, the number of villages from Bago Region (West) is the highest with 785 villages, according to Ministry of Electricity and Energy. The number of villages gained […]
Myanmar begins second phase of National Electrification Project
Mandalay Electricity Supply Corporation, Electricity Supply Enterprise, Ministry of Electricity and Energy (MoEE) and Hitachi Soe Electric & Machinery (HISEM) have signed a contract agreement in Myanmar capital city Nay Pyi Taw for the second phase of National Electrification Project (NEP). HISEM is a tender winner for the NEP’s second phase. Myanmar Union Minister for […]
Energy sector tops the FDI list with over $538 m
Till December of 2019-2020 fiscal year, the total foreign investments in 12 business sectors reached 1.164 billion US dollars with the inflow of over 538 million US dollars in the energy sector topping the list, according to the Directorate of Investments and Company Administration (DICA). The FDI in the energy sector reached 538.575 million US […]
Emergency project proposals greenlighted by MIC
A number of energy projects, including emergency power plants, have been greenlighted by the Myanmar Investment Commission (MIC). The MIC in November 2019 approved the application of a joint venture between China National Technical Import and Export Corporation and Hong Kong-listed VPower Group for a 400MW LNG plant in Yangon Region, involving US$360 million, and […]
Japan to Provide Over $1 Billion in Loans to Myanmar for Development Projects
YANGON—Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and […]
Myanmar, China ink agreement on acceleration of Mee Lin Gyaing LNG power project
A signing ceremony for a letter of intent for the acceleration of Mee Lin Gyaing integrated LNG power project in Mee Lin Gyaing region, Shwethaungyan Sub-township, Pathein District, Ayeywady Region, took place on January 20. The agreement was signed between the Ministry of Electricity and Energy and Chinese investment companies. The project with an investment […]
Myanmar government to restart state-owned fertiliser plant
The Ministry of Electricity and Energy (MOEE) is planning to restart operations at a state-owned chemical fetiliser plant in Magway Region, a senior government official revealed. Deputy Minister of Electricity and Energy Dr Tun Naing said on Monday the ministry will restart operations at the No. 3 Chemical Fertiliser Plant (Kyaw Swa) owned by Myanma […]
