Government calls for solar tender bids

The Ministry of Electricity and Energy has invited solar power providers to submit bids for solar generation facilities totaling 1 gigawatt of power. The ministry is seeking around 30 solar facilities, each producing 30 to 40 megawatts. The tenders w
Yangon to receive much needed new bus stops

Thingyan cancellations slam domestic markets

Thingyan is usually an annual boom for many consumer-facing industries. People stock up on food and alcohol, spend money on concerts, parties and other events and full busses, planes and trains as they return to their homes for the holidays. But as t
Parliament asked to approve ADB loan to improve electricity network

Power investment has topped USD 1 billion since October

Foreign investment in the power sector has reached USD 1 billion over the first four months of the fiscal year, official data shows. The investments came from foreign companies working with the government and local partners to develop power plants, t

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-
Parliament asked to approve ADB loan to improve electricity network

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

Japan grants major infrastructure loans

One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru