What is the Myanmar power system efficiency and Resilience Project?

The Myanmar Power System Efficiency and Resilience Project will finance the upgrade to the Ywama gas-fired power plant, improving the availability and reliability of electricity services to consumers in the Yangon region.

How can Myanmar improve its power system?

Rebuilding Myanmar’s power system will require establishing trust to develop the power sector. Developing solar PV can add incremental generating capacity in a relatively fast manner.

Why should Myanmar invest in a power plant?

Investments in the power plant and in transmission infrastructure will free-up electricity supply in the rest of the country and will remove capacity constraints to enable more households to connect. The project also contributes to Myanmar’s climate change mitigation and adaption commitments under the Paris Agreement.

Does Myanmar have a power supply gap?

Myanmar’s power sector will likely continue to experience significant challenges. To sustain the current level of power supply would require adding 300-500 MW every year until 2030. Scenario analysis on the power supply–demand gap illustrates that available generating capacity is projected to not meet the growing demand.

What are the key challenges in Myanmar's power sector?

Key Challenges in the Power Sector Myanmar’s power sector expanded rapidly during the past decade, relying on natural gas and hydropower to meet fast-growing electricity demands. The total installed generating capacity increased from about 2,800 MW in 2010 to 7,100 MW in 2022.

Can power trade and imports help ease power shortages in Myanmar?

While power trade and imports could help ease the electricity supply shortages, it remains challenging under the current political circumstance in Myanmar. Myanmar’s power sector continues to record losses due to a combination of several factors, including currency depreciation, increasing grid maintenance cost, and revenue decline.