ADB to Provide Loan for Rangoon Power Upgrade

Manila-based Asian Development Bank (ADB) said in a statement on Tuesday that it would provide a US$80 million loan to “upgrade [Rangoon’s] electricity transmission ring line system,” a project forecast to benefit more than one million customers. This is a welcome announcement for many residents in heavily populated Rangoon, where more than half of Burma’s […]

Power shortages hold Myanmar back

The recent protests in Yangon against a hike in electricity charges have shed some light on Myanmar’s serious power crisis. In the past three years Myanmar has witnessed the suspension of the Chinese-invested Myitsone dam project, mass demonstrations against blackouts in big cities like Yangon and Mandalay, and protests against the rate rise. Electricity is […]