Magwe gas plant starts running, VPower says

The gas plant intended to help plug Myanmar’s electricity shortfall this summer has started operating after almost a two-month delay, according to its developer.VPower Group’s 23-megawatt gas plant in Kyun Chaung of Magwe Region began commercial operations on June 3 after a power purchase agreement was signed between the firm and the Ministry of Electricity […]

Myanmar inks two electricity deals with Chinese LNG plants

The Myanmar government has signed two power purchase agreements (PPA) to buy electricity from two liquefied natural gas (LNG) plants totalling 580 megawatts.The project company of CNTIC VPower Group inked two five-year PPAs with the Ministry of Electricity and Energy’s Electric Power Generation Enterprise (EPGE) on June 26 for the plants in Thanlyin, southeast Yangon, […]

Myanmar LNG projects overcome pandemic and sceptics

China and Hong Kong-led consortium has started operating first of three planned facilities as Yangon targets nationwide electrification A Chinese-backed LNG-to-power project that recently started generating electricity for the largest city in Myanmar underlines rising Chinese involvement in the Southeast Asian country’s growing gas and power sectors. The first phase of an LNG-fired power station […]

Myanmar to Generate its First LNG Power ‘Very Soon’: Energy Ministry

YANGON — The Ministry of Electricity and Energy (MOEE) says the overdue Chinese-backed liquefied natural gas (LNG) projects in Yangon will operate “very soon” now deliveries from Malaysia have arrived. On Thursday, Malaysia’s state-owned oil and gas company, Petronas, said it delivered 190,000 cubic meters of LNG for the Yangon projects, which will be the […]

Myanmar Power Plants Delayed by COVID-19 to Start Operating in Coming Months

YANGON—Two of five emergency power projects originally scheduled for completion by the summer but delayed due to the COVID-19 pandemic will start operating this month and the rest should be up and running by September, the deputy electricity minister told the Parliament on Tuesday. Deputy Minister for Electricity and Energy (MOEE) U Khin Maung Win […]

Myanmar to face power shortages as emergency plants miss deadlines

Driving past trucks laden with containers along the road that leads to the Thilawa Special Economic Zone (SEZ) in the outskirts of Yangon, one can easily spot from afar the company logos of the many manufacturers and utilities providers which have their factories there. The logo of an anticipated 350MW power plant by Hong Kong-listed […]

VPower, CNTIC form JV to operate Myanmar emergency power plants

Hong Kong-listed VPower Group has set up a 50-50 joint venture with a Chinese state firm to develop three power plants in Myanmar as part of the government’s bid to stop power cuts this year. VPower, which enjoys close links with investment bank CITIC, and state-owned China National Technical Import & Export Corporation (CNTIC) will […]

Chinese State Firm, HK’s VPower to Implement Three Electricity Projects in Myanmar

YANGON—Amid the government’s efforts to avoid power shortages across the country, a Hong Kong company has announced that its joint venture with Chinese state-owned CNTIC will invest in three power plant projects in Myanmar with a total capacity of 900 megawatts (MW) and an estimated value of over US$800 million (1.2 trillion kyats). Hong Kong-listed […]

Dawei SEZ Draws Investor Interest, but Lacks Infrastructure

Businesses from China, Thailand, Korea and Japan, including those from the power and logistics sectors, have said they are keen to invest in the Dawei Special Economic Zone (SEZ) in Tanintharyi, which is near the Thai border. Investor interest in Dawei, which has yet to be developed, has been on the rise since Myanmar and […]