Myanmar’s fifth emergency power tender goes to Energy China
Exclusive: A consortium led by China Energy Engineering Group (CEEC) has won the fifth emergency power project put out to tender by the Myanmar government, The Myanmar Times can reveal. A senior source involved in the energy sector told this newspaper that Beijing-based CEEC, a state-owned energy conglomerate also known as Energy China, had been awarded the bid to […]
Union Minister for Electricity and Energy receives Ambassador of Timor-Leste
Union Minister for Electricity and Energy U Win Khaing received Ambassador of Timor-Leste Mr Joao Freitas de Camara at Union Minister’s guest hall yesterday afternoon. During the meeting matters relating to sharing Myanmar’s experience in electricity and energy sector development, increasing investment of international companies in Myanmar electricity and energy sector, experience of gradually privatizing […]
South Korea’s POSCO hires Maersk drillship for Myanmar drilling
Maersk Drilling said on Friday that the drilling contract was for the Maersk Viking drillship. The contract is expected to start et 2019 end. According to the drilling company, the 154-day contract is valued $33 million, including a mobilization fee. POSCO will have an option to extend the contract for one more well. The Maersk […]
AC Energy enters Myanmar RE market
AC Energy Inc. has formalized its entry inti Myanmar’s renewable energy (RE) market by forging ties with a Singapore-based company. In a disclosure on Monday, Ayala Corp. said Yoma Strategic Holdings Ltd. (Yoma Strategic) will form a strategic partnership with its power arm AC Energy. “Yoma Strategic and AC Energy are looking to establish a […]
Will climate change spell the end of coal and hydropower in the Mekong?
This year has been rough for the 70 million people who call the Mekong River basin home: a severe drought rocked the region for months before yielding to deadly flooding. The Mekong slowed to its lowest level in recorded history, knocking the world’s largest freshwater fishery—Cambodia’s Tonle Sap Lake—out of balance. The drought hurt the region’s fishing and farming […]
Private household meter boxes permitted for YESC civil servants
The Yangon Electricity Supply Corporation (YESC) has allowed private metered electricity boxes for civil servants in particular shared households. Yangon Region minister for Electricity, Industry and Transportation Daw Nilar Kyaw said residents can apply for a household meter with the respective township electricity manager. “When electricity charges were raised in placeswhere residents use ashared meter […]
The rush job: Myanmar’s ‘impossible’ emergency power tender
It’s being called the “impossible” tender – and it’s worth upwards of a billion dollars. In late June, the Ministry of Electricity and Energy’s Electric Power Generation Enterprise issued a tender for five emergency power projects, totalling 1,040 megawatts: two smaller plants that would use gas supplied by the government, and three larger projects that […]
Myanmar Energy Analysts Alarmed at Floating Power Plant Plans for Yangon
Yangon – Industry experts have criticized the Ministry of Electricity and Energy’s plan to produce electricity with gas and liquefied natural gas (LNG) via a floating power plant to meet the rising demand in Yangon by mid-2020. The ministry invited international bids in June for the 1,040-megawatt (MW) project. U Aye Kyaw Kyaw, secretary of […]
