Earnings surge at Yangon power company

The Yangon Electricity Supply Corporation (YESC) reported MMK 91 billion in revenue for the month of July. This is a 65 percent jump from the previous month. The surging numbers are due to a spike in electricity prices instituted by the Ministry of E
Myanmar to invest in solar plant

Burgeoning solar power to address electricity demand

Myanmar launches the first commercial solar plant in June 2019 and has completed the first stage of construction. Each of the three stages will add up 40 megawatts (MW) while the fourth and last stage will add 50MW. It will ultimately be ASEAN’s la
New Hydropower Developers’ Association to drive sustainability in Myanmar

Hydropower Developers’ Association launch by IFC

The International Finance Corporation(IFC), the private sector arm of the World Bank Group, has announced the launch of the Myanmar Hydropower Developers’ Association (MHDA). It is an innovative platform for hydropower companies and professionals w
PetroChina opens its first filling station in Myanmar

PetroChina opens first Myanmar fuel station

Chinese state-run PetroChina International has opened a service station in Myanmar, its first operations in the country. According to a Myanmar Times article, the operation is a joint venture between Singapore Petroleum Co (SPC), which is PetroChina
Golden Myanmar Airlines breaks jet fuel monopoly

Golden Myanmar begins jet fuel business

Golden Myanmar Airlines (GMA) has received permission to begin operating an aviation fuel business in the country, according to reports. An article in Frontier said that approval for the venture had been granted by the Myanmar Investment Commission (
Deedoke hydropower project in Mandalay Region to proceed

Myanmar gives go ahead for Deedoke hydro project

The Ministry of Electricity and Energy has issued a notice to proceed for the Deedoke hydropower project in Mandalay Region, according to an article in Frontier. The report said that officials from the ministry signed the agreement with the developer