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ARTICLE · 29 OCTOBER 2013

Myanmar: An Emerging Power Market

Mayer Brown
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Myanmar’s emergence in the last 12 months as one of the world’s most promising markets needs little introduction.

MyanmarEnergy and Natural Resources
Ben Thompson
Ben Thompson
Nathan Dodd
Nathan Dodd
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Keywords: Myanmar, electricity, power industry, renewables,

Background

Myanmar's emergence in the last 12 months as one of the world's most promising markets needs little introduction. With a population of around 60 million and a strategically advantageous geographical location, it presents significant opportunities across a broad range of sectors. However, with only 26% of Myanmar's population having access to electricity and demonstrations last year against rolling power cuts, the power sector is a top priority for the Government of Myanmar (GOM). The latest announced goal of the GOM is to increase capacity by 16,000MW by 2030, with a master plan and regulations for the power industry currently under development and due for release in 2014.

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