Myanmar has an energy problem

Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region. The ADB predicts that the country’s gross domestic product (GDP) will grow by eight […]

Electricity sector could lose K630billion in 2018-19

The electricity supply sector is forecast to lose about K630billion in the coming 2018-19 fiscal year, said Dr Tun Naing, deputy minister for Electricity and Energy, told Pyidaungsu Hluttaw yesterday. “Power generation and distribution is expected to lose about K629.9 billion in the fiscal year of 2018-19,” Dr Tun Naing said during his presentation. In […]

Achieving Myanmar’s Energy Goal Will Be ‘Very Tough’: Report

Myanmar faces a “very tough task” to achieve the Ministry of Electric Power’s ambition to develop a modern national energy infrastructure in the next 15 years, an industry report said. The ministry has outlined plans to increase Myanmar’s power-generating capacity to nearly 25,000 megawatts by 2030. At present, the national capacity is only 4,360 megawatts—barely […]