Factory Owners Consider Private Power Production

By MMTimes, August 4th, 2013 The Myanmar Industries Association is urging members to consider alternate forms of private energy production to combat chronic electricity shortages, officials said last week. “Government-supplied electricity is cut regularly,” U Nyan Tun Oo, Yangon Region Minister for Electricity and Industry, told a workshop for association members in Yangon on July … Continue reading

CNPC Announces China-Myanmar Gas Pipeline Open

By EnergyGlobal, July 30th, 2013 China, the world’s largest energy consumer has begun importing natural gas from Myanmar. CNPC, the Chinese state-owned company, recently stated that a natural gas pipeline that connects China, Myanmar and the Indian Ocean has formally begun operations. A parallel crude oil pipeline is expected to start next year. While the … Continue reading

Chinese Ambassador Casts Doubt On Myitsone Resumption

By MMTimes, July 19th, 2013 The Chinese ambassador to Myanmar said he is “not confident” that the suspended Myitsone Dam project will be restarted, despite continued lobbying by China Power Investment Corporation. In an exclusive interview with The Myanmar Times, ambassador Yang Houlan said CPI’s efforts to address concerns surrounding the project, which was suspended in … Continue reading

Myanmar’s Energy Sector Must Develop Rapidly To Keep Up With Its Economic Growth

By IBTimes, July 9th, 2013 Myanmar’s newly open economy may have earned the country the status of the next global investment darling, but one hurdle stands in the way of Myanmar’s growth: its lack of stable energy. Electricity is only available to 25 percent of the country’s population currently. If foreign investors like Telenor and … Continue reading

Solar Power Projects to be Built in Mandalay Region

Published on Wednesday, 13 March 2013 21:59 The first-ever solar power generating projects will be built in Mandalay Region and its power consumption is 150 kyat per unit, Minister Dr. Myint Kyu of Mandalay Region Electric Power and Industry said. “We planned four places for the generation of 1,000 MW. The first place is near … Continue reading

Mudajaya Ventures into Power Plants Business in Myanmar

KUALA LUMPUR: Mudajaya Group Bhd is making its foray into the independent power business in Myanmar. Mudajaya said on Wednesday its unit had signed a memorandum of understanding (MoU) with the government of Mandalay and IJM Corp Bhd co-founder Datuk Koon Yew Yin for the proposed IPPs. Mudaya and Koon plan to set up a special purpose vehicle (SPV) — … Continue reading

ADB, Norway to Help Update Myanmar Electricity Law

Date: 5 November 2012 Countries: Myanmar Subjects: ADB funds and products; Energy Photo by VJ Villafranca MANILA, PHILIPPINES – The Government of Norway will provide an $850,000 technical assistance (TA) grant to the Asian Development Bank (ADB) to help Myanmar update its 1984 Electricity Law so that it reflects current international standards, and creates the right conditions for establishing … Continue reading

Roundup: Foreign Firms Help Ease Myanmar’s Power Shortage, Develop SEZ

Xinhua, November 2, 2012 Five South Korean companies have recently launched a 500-megawatt (mw) gas-fired combined cycle power plant project in Thakayta township, Myanmar’s Yangon, aimed at fulfilling its power demand in summer of 2014 and supplying electricity to the Thilawa special economic zone (SEZ). The five South Korean companies are Busan Korea Biotechnology Co, … Continue reading

Private Companies Take up Electricity Generation Offer

By Sithu Lwin and Soe Sandar Oo   |   Monday, 15 October 2012 A private firm plans to invest up to K2 billion (about US$2.3 million) to improve electricity supply in Mandalay’s Chanmyarthazi township following the regional government’s decision to partly liberalise the sector. Pacific Company began upgrading the electricity infrastructure in the township in August after winning … Continue reading

US Lifts Myanmar International Lending Restriction

By MATTHEW PENNINGTON Associated Press /  October 10, 2012 WASHINGTON (AP) — President Barack Obama is lifting the U.S. restriction on international financial institutions like the World Bank lending to Myanmar to reward its progress toward democracy. The administration has now eased virtually all the sanctions that were imposed on country also known as Burma during its … Continue reading