On 24 May 2021, the Electric Power Generation Enterprise (“EPGE”) under the Ministry of Electricity and Energy of Myanmar (“MOEE”) launched its second solar tender (Tender No. EPGE PV 02/ 2021-2022) in the same fashion as it did its first ever solar tender (Tender No. EPGE PV 01/ 2019-2020) in last year. The new tender […]

VDB Loi is trying to do its part in Myanmar’s efforts to stimulate the economy after the COVID-19 pandemic. As the Ministry of Electricity and Energy has launched a 1 Gig solar project tender, we have asked our relationships at state and regional governments, local clients and other contacts if they have any suitable land […]

Quite an eventful week for the power sector in Myanmar with the announcement of new electricity tariff for customers, the issuance of tender documents for five rental projects as well as the appointment of a new managing director of the Electric Power Generation Enterprise (“EPGE”) . Highlights of this note New Managing Director at EPGE […]

Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects to feed electricity into the grid as early as 2014 when the government awarded a number of power rental projects to companies such as Aggreko and APR Energy. Highlights of this […]

Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects.

Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects. Many of these reforms, although they are crucial, are not widely known outside of Myanmar. Highlights of this note Major Projects in the Pipeline Reform of the Project Procurement Process: the […]

he Ministry of Electricity and Energy has issued a notice to proceed to the developers of the 60-megawatt Deedoke hydropower project in Mandalay Region. Ministry officials signed the notice with the developers – Andritz of Austria, Kansai of Japan and High Tech Construction Trust, which is a subsidiary of Myanmar’s Shwe Taung Group – at […]

Despite their high profile presence in Myanmar, there are relatively few Japanese invested energy projects slated as a priority project in Myanmar. For example, the four recently announced LNG/Gas to Power projects which received approval from the Government have no Japanese investors at this stage. This was one of the issues discussed at a recent […]

On 30 January 2018 the Ministry of Electricity and Energy (MOEE) held a ceremony in NayPyiTaw to sign four so-called “Notices to Proceed”, each one for a planned LNG or Gas to Power project, in total nearly 3,000 MW. Highlights Highlights of this note What is a Notice to Proceed? Why a Notice To Proceed […]

The Ministry of Electricity and Energy (MOEE) has yesterday approved 4 large gas/LNG to power projects. The MOEE is using a new approval instrument which they call the “Notice to Proceed” (NTP). Highlights of this note Total & Siemens consortium at Kanbauk in Taninthary Region Ayeyarwady Region LNG to Power project TTCL’s LNG to power […]

Highlights of this note What is causing delays? But it is also a question of focus How do we fix this? Was the MOA abolished? MOEE and EPGE both sign the PPA? Draft and negotiate the MOA or the NTP and the PPA at the same time? Standardize the all power documents? Create an Inter-Ministerial […]

On 9 September 2016, the Myanmar Ministry of Electricity and Energy (MOEE), through the Myanmar Oil and Gas Enterprise, (MOGE), published a request for Expressions of Interest for the “bulk supply and or terminal of LNG in Myanmar”. Highlights The Myanmar government’s interest in LNG How much LNG does Myanmar need?   No long term […]

A combination of recent law and policy developments has put in motion a tectonic shift for the fuel sector in Myanmar. Since a few months, foreign investors have a much larger access to invest in petroleum products businesses, and are no longer required to conclude a joint venture with the Ministry of Electricity and Energy […]

In a move to expand the potential opportunities for foreign investors, the list of activities a foreign investor is allowed to carry out in Myanmar only under a joint venture (“JV”) with a Myanmar citizen or company, has been cut significantly. Highlights of this note Big Winners are Retail, Petroleum Products, Real Estate, Media and […]

VDB Loi has worked on nearly 4,000 Megawatts worth of Myanmar power projects, some now in operation, some awaiting financial close, but most remain in various stages of approval. We have also assisted the Ministry of Electricity and Energy with many of its transactions and privatizations. However, in the last 12-month period, since 1 April […]

On Friday March 31st 2017 the VDB Loi and Latham & Watkins hosted an event entitled “Government Guarantees for Public Private Projects in Myanmar” in Nay Pyi Taw, Myanmar. In attendance were H.E. Kyaw Win, Union Minister of Planning and Finance, U Aung Nai Oo, Director General DICA, U Win Khant, Permanent Secretary Ministry of Planning […]