Power leakage consumes 30 per cent of investment

Myanmar’s antiquated electricity distribution system is causing a loss of 30 per cent for every dollar invested in generation, Singapore-based consultancy New Crossroads Asia said, citing estimates previously made by the International Financial Corporation. Almost one-quarter, 23 per cent, of electricity generated is wasted due to leakages along the entire distribution system as well as […]

ADB to loan $60m to improve energy sector

Bank says that poor infrastructure is resulting in a high level of electricity losses, while upgrades are necessary Nearly one-fifth of electrical power is lost before it reaches consumers because of ageing infrastructure, said the Asian Development Bank (ADB), which announced last week it will lend Myanmar US$60million to improve the electricity distribution system in […]