Ministry in talks with companies for solar power generation
The Ministry of Electricity and Energy has issued a press release saying that it discussed with two companies to generate electricity from solar energy. The two companies are Victory Radiance Trading Co Ltd and Power China Company. Deputy Minister for Electricity and Energy received the delegation led by Taryar Myint Swe, managing director of Victory […]
7 new power projects aim to satisfy additional power demands
Ministry of Electricity and Energy is implementing seven new power projects in order to generate an additional 1,000 MW, said Deputy Minister for Electricity and Energy Khin Maung Win, at a ceremony to open the 66-MW gas-fired power plant in Magway Township in Magway Region. In the summer of 2019, the power plant generated up […]
Drought, dams may lead to death of Mekong
BANGKOK: THE livelihood of millions of people in China, Laos, Myanmar, Thailand and Vietnam will be affected as drought and newly-built dams impede the Mekong River’s flow, drying up segments of the once fast-flowing river. Observers predict that these two factors may lead to the death of the 4,700km waterway. At a discussion on the […]
POSCO sets up solar power system on Myanmar’s Manaung Island
POSCO International announced it has completed a photovoltaic power generation system on Manaung Island near the Myanmar Gas Field. Manaung Island is home to more than 60,000 residents, but its power infrastructure is poor with only three small generators, according to the company. This time, POSCO International set up a solar power system that combines […]
Electricity sector tops the list of FDI this FY
Till November of this fiscal year, the electricity sector topped the list of the foreign investments with over 503 million US dollars, according to the Directorate of Investment and Company Administration. From 1988-89 FY to date, the total FDI in the electricity sector amounted to over 21681.672 million US dollars. The individual power consumption reached […]
More households gain access to power in this government era: Official
Ministry of Electricity and Energy had produced 904 megawatts of electricity and built 19,611 miles of transmission lines and new sub-power stations from April 2016 to September 2019 in this government era, said Win Khaing, Union Minister for Electricity and Energy in an opening ceremony of solar power plant with solar PV and energy storage […]
Myanmar State Firm Signs Deal to Buy Electricity From Strategic Chinese Project in Rakhine
YANGON—A Myanmar state-owned enterprise has inked a power purchase agreement with a Myanmar-China joint venture company that is developing a 135-megawatt (MW) power plant project in Kyaukphyu, in western Myanmar’s Rakhine State. The plant is one of the strategic projects that make up the Myanmar section of Beijing’s grand infrastructure plan, the Belt and Road […]
Businesses bear with rising electricity bills in hopes of better supply next year
Myanmar’s electricity tariff hike has led shops and restaurants in Yangon to cut back on electricity consumption, and local business owners are betting that the government will be able to plug the shortfall next summer. Yet, power continues to be in short supply. The government is now rushing five so-called “emergency power” projects totalling more […]
