Home MMBIZ News GE to Assist Gov’t with Energy Infrastructure

GE to Assist Gov’t with Energy Infrastructure

Deputy Minister for Electric Power U Maw Thar Htwe said that US-based power solutions giant General Electric (GE) is helping Myanmar develop its energy infrastructure and improve the country’s electricity woes.

Experts have expressed concern Myanmar’s power infrastructure is struggling to keep pace with the country’s fast-paced economic development.

Currently, Myanmar’s electricity sector is unable to generate enough power to meet national demand, with about 70 percent of the country getting no electricity, according to ADB estimates.

“On June 17, we received GE’s assessment and we are preparing to work with the company to support the country’s current electrical improvement plans,” the minister said.

The company’s evaluation provided a roadmap on procedures to help Myanmar overcome their power infrastructure and supply shortcomings.

Stuart Dean, GE’s ASEAN regional CEO, said his company’s assessment is designed to assist the government in implementing proposed generation, distribution and rural electrification reforms.

GE has held discussions with Myanmar engineers regarding the facilities and finances needed to meet the power efficiency and storage targets throughout the country.

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