India donates submarine to Myanmar

India donates submarine to Myanmar

Indian papers reported last week New Delhi’s announcement of the gift of a used submarine to Myanmar – the country’s first ever. The INS Sindhuvir, as it was called, is a Soviet-origin Kilo-class submarine operated by the Indian Navy si

Indian officials’ visit ends in new deals

An official visit by India’s foreign secretary Harsh Vardhan Shringla and army chief Manoj Mukund Naravane has yielded several high-value agreements or proposed agreements, including finalizing the launch of a new port in Rakhine State and a pr

India proposes USD 6 billion refinery

A visit by two top Indian officials has ended with a proposal for an India-backed, USD 6 billion petroleum refinery near Yangon. The proposal was discussed in meetings between Myanmar officials and India’s foreign secretary Harsh Vardhan Shring
Parliament asked to approve ADB loan to improve electricity network

Myanmar to buy power from India

The Ministry of Electricity and Energy (MOEE) plans to buy a large quantity of excess power from India over the next several years. Following a meeting with Indian officials, MOEE announced the deal to establish a new transmission line between the co

India-Myanmar association seeks to rebuild border trade

The Upper Myanmar India Association, a trade organization of around 150 members, is gearing up to revitalize stalled commerce on the India-Myanmar border. First on its list of priorities: a new brokerage that will connect Myanmar and Indian merchants

Indian gas firm ups investment

ONGC Videsh, India’s state-owned overseas-focused energy firm, will add USD 121 million to its already sizable investment in oil and gas blocks on the Rakhine State coast. The funding, which was recently approved by India’s Cabinet Commit