//img.uscri.be/pth/fa8b87e6793e87a95660a168c25b68d347f7b1f8
Cet ouvrage fait partie de la bibliothèque YouScribe
Obtenez un accès à la bibliothèque pour le lire en ligne
En savoir plus

Frost & Sullivan: Is it Time to Energize the Power Market in Myanmar?

3 pages
Frost & Sullivan: Is it Time to Energize the Power Market in Myanmar? PR Newswire KUALA LUMPUR, Malaysia, July 11, 2012 ~ Investment Opportunities in the Myanmar Power Market ~ KUALA LUMPUR, Malaysia, July 11, 2012 /PRNewswire/ -- The recent easing of sanctions by Western countries against Myanmar could prove to be a cornerstone in the nation's economic development. As the economy attempts to take off from its current position, the power sector holds the key to support rapid economic growth in the currently power starved country. According to Vishal Narain, Industry Analyst for Frost & Sullivan's Asia Pacific Energy Practice, Myanmar has an estimated installed power capacity of 2,254 MW that has grown annually at a rate of 10% since 2007. "The demand for power shot up by 15% in 2012 which has led to the current power crisis. A lot of projects in the recent past have increased the power generation capacity but only 13% of the country's entire population has access to electricity," he said. Myanmar has a per capita power consumption of only 104 KWh compared to a consumption of over 2,000 KWh in Thailand and around 600 KWh in Indonesia. Up to 70% of the power generation capacity is from the 18 hydropower plants which generate up to 1,270 MW during the rainy season and 1,000 MW during the dry season. The gas fired plants generate up to 350 MW.
Voir plus Voir moins
Frost & Sullivan: Is it Time to Energize the
Power Market in Myanmar?
PR Newswire
KUALA LUMPUR, Malaysia, July 11, 2012
~ Investment Opportunities in the Myanmar Power Market ~
KUALA LUMPUR, Malaysia
,
July 11, 2012
/PRNewswire/ -- The recent easing of
sanctions by Western countries against
Myanmar
could prove to be a
cornerstone in the nation's economic development. As the economy attempts
to take off from its current position, the power sector holds the key to support
rapid economic growth in the currently power starved country.
According to Vishal Narain, Industry Analyst for Frost & Sullivan's Asia Pacific
Energy Practice,
Myanmar
has an estimated installed power capacity of 2,254
MW that has grown annually at a rate of 10% since 2007.
"The demand for power shot up by 15% in 2012 which has led to the current
power crisis. A lot of projects in the recent past have increased the power
generation capacity but only 13% of the country's entire population has access
to electricity," he said.
Myanmar
has a per capita power consumption of only 104 KWh compared to a
consumption of over 2,000 KWh in
Thailand
and around 600 KWh in
Indonesia
.
Up to 70% of the power generation capacity is from the 18 hydropower plants
which generate up to 1,270 MW during the rainy season and 1,000 MW during
the dry season. The gas fired plants generate up to 350 MW.
In the current scenario of reforms, the country is likely to attain higher
consumption levels in less than two decades, which means a capacity of up to
50 GW in that time frame. This would entail an investment of roughly
US$50
billion
in the power generation sector alone.
"The scope to bridge the impending power demand-supply gap offers huge
investment opportunities for both the multinational and domestic companies
across the power industry value chain from generation to transmission and
distribution and in distributed power generation including power rental sector,"
said Narain.
He continued, "
Myanmar
has so far relied heavily on hydropower projects which
puts power generation at the mercy of rains. In the future, we may expect a
conscious decision to move away from hydropower and encourage a diversified
mix in power generation. This could pave the way to more investments in
conventional thermal power plants."
Antiquated transmission & distribution (T&D) lines offer medium-term
investment opportunities. With some cables as old as 40 years and more than
half the cables transporting power at less than 230KV, power losses are
significant.
"Massive investments in upgrading power T&D infrastructure could help the
government reduce power losses and thereby, manage the power crisis more
effectively. To increase the electrification ratio, the
Myanmar
government plans
to set up as much as 5,000 miles of 230KV transmission lines with eight
substation projects to support the grid. This is capable of generating
investments worth
US$1 billion
over the next ten years," said Narain.