Electricity demand soars as cuts hit Yangon

Myanmar’s electricity demand is constantly increasing and 7.2 million new household electricity connections will be required by 2030, according to analysts speaking yesterday at the Myanmar Power Utilities Congress 2015 in Yangon. Chester Toh, head of integrated regulatory practice at Rajah and Tann law firm, said demand will increase by an average of 450,000 new […]

Cronies & Coal

YANGON- Cronies have been granted hydropower projects on Ayeyawady and Thanlwin Rivers including the Myitsone dam without public notice. Moreover, 23 firms including cronies’ companies were granted hydropower projects and they were also allowed to generate and distribute power in 84 townships across the nation. The tycoons also received the green light to build natural […]

IFC to help improve Yangon electricity supply

The Ministry of Electrical Power and the International Finance Corporation (IFC) signed an agreement to improve Yangon’s electricity supply on February 26. The IFC aims to help to transform Yangon Electricity Supply Board (YESB) into a corporation within three years. “The IFC will provide financial aid in addition to technical before fully transform it into […]

Italian-Thai’s hydropower project in lower Myanmar allegedly stops

Myanmar government has allegedly stopped a hydropower dam project with Italian-Thai Company in Taninthayi region of lower Myanmar due to concern of possible environmental and social impacts. Italian-Thai’s dam project located near Myeik township will generate about 800 mega watt (MW) electricity upon completion, but it will pose flood risks to the thousands of acres […]