The Myanmar Energy Investment Summit 2013 is designed to provide a platform for international energy industry players and potential investors to gather in Yangon; providing updated on the market potential and development plan of the energy sector in Myanmar; implication of new economic regulations arising from latest parliamentary decision for the energy sectors. The Summit will focus on the following areas:
- Myanmar’s Energy Sectors Outlook & Opportunities
- Myanmar’s Energy Sectors Development Plans
- Latest Foreign Investment Laws for The Energy Sectors
- Financing of Energy Projects including Hydropower Plants
- Private Players Incentives and Taxation Laws
- Environment Impact Assessment for Energy Projects
- Recent Trends in Equipment and Technology
DEDICATED SESSION ON HYDROPOWER AND WATER RESOURCES
Myanmar is one of the most attractive country in the South East Asian region for hydropower development. The Myanmar Electric Power Ministry (EPM) has earmarked a huge hydro potential of about 100,000 MW, out of which about 39,720 MW has been identified for development including more than 200 hydro potential sites. Myanmar has a vast water resource from major rivers running roughly north-south apart from the Irrawaddy, the Chindwin, the Sittang and the Salween rivers. Up to 70% of the power generation capacity is from the 18 hydropower plants. There is about 2000 MW of additional hydro capacity under construction including Upper Paung Laung (140 MW), Thauk Ye Khat (120 MW), Baluchang (52 MW) and other recent projects like Upper yeywa (280 MW). There are other 32 small hydro schemes which have also been developed with the capacity of 36 MW.
With the lifting of sanctions in November 2012, Myanmar’s economy is posed to grow at over 8% per annum for the next 5 years due to the increased economic activities. In this regards, The EPM has identified hydropower as a priority for a sustainable power development for Myanmar.