There were over $ 3,100 million of foreign investment in Myanmar’s energy sector in fiscal year 2020-2021

From October to the end of September of the 2020-2021 fiscal year, more than $ 3,100 million in foreign investment in Myanmar’s energy sector, according to the Directorate of Investment and Company Administration. By 2021, Myanmar’s Generation Mix will generate 40 percent of its electricity from hydropower, 34% from natural gas.

Solar will account for 14 percent and will increase to more than 8,100 megawatts, according to the Ministry of Power and Energy. Myanmar had only 34% access to electricity before 2016, but will increase to 56% by 2020.  According to the Ministry of Power and Energy, efforts are being made to achieve 75% of the country’s electricity by 2025 and 100% by 2030. Myanmar’s energy resources are mainly based on renewable energy such as hydropower and solar energy and clean energy such as natural gas and LNG.

Upper Kengtung Hydropower Project, 51 MW for Myanmar’s electricity needs; 280 MW Upper Yeywa Hydropower Project; According to the Ministry of Power and Energy, four projects are underway: the 152-megawatt Central Paunglaung Hydropower Project and the 111-megawatt Thu Htay Hydropower Project. In 2016, the Ministry of Electricity and Energy generated 48,000 megawatt-hours per day from various sources and is now increasing to 65,000 megawatt-hours per day. It is generating 3,225 megawatts of electricity from 28 hydropower plants.

Source: Daily Eleven


One million doses of COVID-19 vaccine from China arrive at Yangon Int’l Airport

The Ministry of Health is delivering the COVID-19 vaccine in targeted regions and states to control the COVID-19 disease. The first batch of one million Sinovac brand vaccines donated by the People’s Republic of China for vaccination arrived at Yangon International Airport on 13 October. Also, the second batch of one million Sinovac doses and 1,001,600 needles arrived at Yangon International Airport on 14 October (yesterday) and was received by a team led by the Head of Yangon Region Public Health Department.

These vaccines will be delivered to respective states and regions with the help of the Tatmadaw (Air) and Myanmar Airways, via a cold chain system, officials said. As of 14 October, a total of 18 million doses of COVID vaccines were purchased by the Ministry of Health including 2 million Covishield vaccines, 14 million Sinopharm vaccines and 2 million Sinovac vaccines have already arrived. Over 8 million doses of COVID-19 vaccine donated by India, Russia and the People’s Republic of China have also been received.

To control COVID-19 disease, the COVID-19 vaccine is being given in targeted groups in respective regions and states. As of 13 October, a total of 10,751,760 people have been vaccinated, and 4,266,484 have been fully vaccinated twice and 6,485,274 have been vaccinated for the first time. Therefore, to date, a total of 15,018,246 vaccines of COVID-19 have been given in Myanmar. “People should not miss a dose of the COVID-19 vaccine given to them. Those who have received their first dose of vaccines are also encouraged to actively participate in second dose vaccination activities by visiting the nearest vaccination group in time,” officials said.

Source: The Global New Light of Myanmar