Power subsidies extended till end of the year
The government will continue providing free power until at least the end of the year as part of the COVID-19 Economic Relief Plan (CERP). The Ministry of Electricity and Energy (MOEE) announced this week that the CERP power subsidies, which began in
ADB lends USD 171.3 million for power projects
Parliament has approved a loan of USD 171.3 million from the Asian Development Bank to fund rural electrification. The money will go towards new power generation, transmission, and distribution infrastructure meant to provide electricity to over 400,
Hong Kong and Chinese partnership to invest USD 800 million in power projects
A partnership between a private Hong Kong company and a Chinese state-owned enterprise will invest USD 800 million in three new power plants. Hong Kong-listed VPower Group announced that it will establish a joint venture agreement with Chinese state-
Myanmar may buy power from China
Myanmar may soon fill its electricity supply gaps by importing power from China. Ministry of Electricity and Energy Deputy Permanent Secretary U Soe Myint disclosed to the Myanmar Times that a feasibility study will soon be conducted on the possibili
MOEE OK’s another gas fired plant amid LNG push
A Japanese-backed liquid natural gas (LNG) plant and terminal will be the latest in a series of LNG investments that aim to fill Myanmar’s short-term power gaps. The terminal and 1250-megawatt plant, planned for the Thilawa Special Economic Zon
