According to a statement from the MOEE, the power purchase agreement (PPA) was signed last Tuesday. Kyauk Phyu Electric Power Co is a joint venture between Myanmar’s Supreme Group and Chinese state-owned firm Power China. The gas-fired power plant in Kyaukphyu, Rakhine State, is one of four projects expected to generate a total of 3111MW […]
Domestic natural gas to be made available by 2023: MOEE
Larger volumes of natural gas will be available from Myanmar’s onshore and offshore gas fields within the next five years, yielding fresh opportunities for international oil and gas firms to invest in the sector, said U Win Khaing, Union Minister for Electricity and Energy (MOEE). “Gas production will be a priority for the government over […]
Over the last year, Myanmar’s energy sector stumbles in right direction
Home to one of the world’s oldest oil and gas industries, oil exploration in Myanmar began in the early Bagan era. During the reign of King Anawrahta in the Bagan Era, evidence shows that the Buddha’s Three Teachings were coated with oil to prevent damage. With the nationalisation of the oil industry in 1963, the […]
Thaketa gas plant commences supplying power in Yangon
More than 40,000 households will now receive electricity following the scheduled completion and opening of a combined-cycle gas power plant in Thaketa township, Yangon Region, over the weekend. The Power Purchase Agreement (PPA) was signed in January 2016. The 106 megawatt plant was built and will be operated under a 30-year joint venture between the […]
Yangon-Dala bridge construction to begin after tender process; says Union Construction Minister
Subscribe to our tender alert mailing list Construction works will kick off on the Yangon-Dala Bridge following a tender for companies to build it, Union Minister for Construction U Win Khaing told the Pyithu Hluttaw yesterday, adding that the planned construction of the bridge is set for completion during the 2020- 2021 FY. The selected […]
Construction Ministry to develop 8,000 affordable units in Yangon over two years
THE Ministry of Construction announced it will construct 8,000 affordable housing units in Yangon Region within two years according to Union Minister U Win Khaing. According to the ministry, around 40 or 50 buildings of five-story each will be built on 2000-acre of land this year. Low-cost apartments will be created to fulfill the needs […]