Agac power solutions Myanmar

Why did Myanma choose APR Energy?

Myanma Electric Power Enterprise selected APR Energy based on its ability to rapidly design and deploy large-scale power plants, as well as optimize the use of indigenous natural gas resources in a fast, efficient and effective manner.

Will increasing imports help ease the electricity supply shortages in Myanmar?

While increasing imports could help to ease the electricity supply shortages in Myanmar, it remains challenging under the current circumstances. Improving power sector financial viability and recovering customer confidence are critical for private sector capital mobilization to enhance the quality of electricity services.

Who manages Myanmar's energy sector?

Myanmar’s energy sector is managed by the Ministry of Electric Power (MOEP) and the Ministry of Energy (MOE), which together account for over one-third of public sector revenue. Before May 2022, the two ministries operated under one single Ministry of Electricity and Energy (MOEE).

When did APR Energy sign a power generation agreement with Myanmar?

In February 2014, APR Energy executed the first power generation agreement signed post-sanctions by a U.S.-based company with the government of Myanmar.

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.

Can Myanmar achieve universal access to electricity by 2030?

It was made possible by atracting substantial private sector financing in power generation and increased public investments in the development of transmission and distribution system. However, the prospects of achieving universal access to electricity by 2030 have dimmed in Myanmar. The growth in access rate has slowed down since 2021.