Myanmar wants to turn the lights on for everybody. Just after winning the 2015 election, its ruling National League for Democracy party made a commitment to power access for the entire population. While the statement was brief, Myanmar’s power problem is vast, complex and, most importantly, expensive. The Myanmar government aims for total power coverage …
Myanmar’s Power Distribution and Supply: Can It Power Up?Read More »
According to the World Bank’s Myanmar Living Conditions Survey 2017, six in ten, or 58 percent of Myanmar households, are still not connected to the public power grid. This is a massive gap that needs to be closed, and hydropower is a sustainable, affordable answer to such an immense demand for energy supply. What are …
The Myanmar government is reviewing current fiscal terms in its contracts with energy companies. The review is expected to bring about changes that encourage more foreign investment in the industry. The electricity and energy industry is one that requires much more expansion if it is to meet the growing needs of Myanmar’s population and bring …
According to the Directorate of Investment and Company Administration, Myanmar received its first foreign investment in the power supply sector. Construction of the new 145-megawatt plant is set to begin in 2019. This gas-fired plant will be built in Singaing Township in a joint venture between China’s Power Gen Kyaukse and two Myanmar companies. The …
Myanmar Gets First Foreign Investments for Power Projects in Fiscal Year TransitionRead More »
