Invest in Myanmar - For Investors Seeking Opportunities in Myanmar
Follow:
Invest Myanmar - The Myanmar Investment Gateway
NEWS BY TOPIC
General Information about Myanmar (1)
Business (131)
FDI in Myanmar (45)
Investments (59)
Macroeconomic Data (4)
Infrastructure (4)
Financial (17)
Economy (37)
Construction (1)
Politics (29)
Real Estate (1)
Investment Legislation (3)
Sports (1)
NEWS BY SECTOR
Telecommunications (27)
Law (14)
Infrastructure (20)
Education (2)
Banking (19)
Jewellery (1)
Stock Market (2)
Agriculture (35)
Real Estate (22)
Mining and Exploration (10)
Construction (29)
Energy (47)
Textile and Fashion (10)
Tourism (23)
Information Technology (11)
Food and Beverage (13)
Electronics (3)
Waste Management (1)
Automotive (9)
Logistics (4)
Renewable Energy (0)

Ministry extends electricity tender for 15 industrial zones in Yangon

MINISTRY EXTENDS ELECTRICITY TENDER FOR 15 INDUSTRIAL ZONES IN YANGON
Date: 28/08/2013
Source: Mizzima
Ministry extends electricity tender for 15 industrial zones in Yangon

A power and natural gas tender to supply electricity to 15 industrial zones has been extended to August 15, according to the reports from the Ministry of Electric Power.

Natural gas will be used in power plants operated under the Ministry of Electric Power and purchased through gas pipeline owned by Myanmar Oil and Gas Enterprise.

The Ministry of Electric Power will purchase between 150 million and 200 million cubic meters of natural gas per day in this year and between 500 million cubic and 600 million cubic a day after 2014.

The method of natural gas conversion has been imported using a Floating Storage and Regasification Unit or FSRU.

The Ministry has invited international and local tenders for power generation and distribution to 15 industrial zones in Yangon, Myanmar's largest city. The winning companies must provide a constant supply of electricity to those industrial zones.

Currently, factories in Yangon's industrial zones are only provided electricity for five hours a day except in the rainy season.

Myanmar’s electricity demand is about 2,000 megawatts and the estimated power generated from natural gas power plants will meet 20 percent of this demand.


Topic: Business
Did You Know?
Bargaining is an art long practiced in Asian countries including Myanmar . So feel free to ask for a proper discount when shopping in places where prices are not marked. Be careful in dealing with sidewalk vendors who... ... More

Featured news story
Myanmar Real Estate Prices Continue To Hike, Market Should Stabilize In The Future As Financing Becomes Available
Myanmar Real Estate Prices Continue To Hike, Market Should Stabilize In The Future As Financing Becomes Available

Featured Video
Business Air will be a boost for Myanmar aviation industry. - Invest Myanmar.biz video
Business Air will be a boost for Myanmar aviation industry.

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
Today on Invest Myanmar
Member Companies: 82
News Stories: 341
Myanmar Videos: 59
Interesting Facts: 29
Factsheets: 9
 © Copyrighted 2012 Invest Myanmar.biz. All rights reserved.  

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.



Crafted by Sofia Web Works®, makers of Pahraat Kasinot and Casinobonus på alla svenska online casinon an Invest Bulgaria company