Sedona Hotel Yangon
"Accelerating the Generation Capacity & Delivery to
Meet Myanmar's Electricity & Utilities Demand"
CMT's 2nd MPS (Myanmar Power Summit) returns back to Yangon to iron out how you can tap the extensive opportunities and install urgent electricity supply and distribution country wide.
Global development institutions - ADB & IFC, International Project Financiers as well as local and international experts presenting insights on new and exciting power generation projects; and the country's plans to be transparent in encouraging partnerships and investment.
Serving the country's 60 million population with expanding foreign investments across emerging resource based sectors like mining, manufacturing and services -a new vista of Myanmar opens out. The reformist government aims to accelerate growth by encouraging foreign direct investments.
More than 10 hours of networking opportunities at 2nd MPS to renew business ties and forge new business relationship.
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5. 1 to 1 Meetings with Government Officials
CMT Invest Myanmar series provide not mere "information" but "insights on growth strategies
CMT’s 2nd Myanmar Power Summit, in Yangon this 23-25 September, 2013, will be graced by Ministers from Ministry of Electric Power and attended by senior officials from Yangon City Electricity Supply Board, Myanmar Electric Power Enterprise, Hydropower Generation Enterprise, Department of Hydropower Implementation and Electricity Supply Enterprise. The high-profile event is all set to discuss Myanmar’s electricity power and supply gap, the solutions and the future roadmap.
On 23-25 September, 2013, at the Sedona Hotel Yangon, His Excellency U Khin Maung Soe, Union Minister, Ministry of Electric Power will declare open the 2nd Myanmar Power Summit, with an opening address. Also participating at this event to examine the challenges in the power sector in Myanmar will be His Excellency U Aung Than Oo, Deputy Minister, Ministry of Electric Power and U Min Thaw, Head of Office, Ministry of Electric Power.
The high-profile event will highlight extensive plans to boost the power supply in the country, in particular government policies to encourage foreign investment in Myanmar’s power sector to meet the rising utilities demand.
Among the key officials from Myanmar attending the event are –
· U Maw Thar Htway, Director General of Department of Hydropower Implementation
· U Thaung Han, Deputy Director General, Department of Hydropower Implementation
· U Aung Khaing, Chairman, Yangon City Electricity Supply Board
· U Maung Maung Latt, Vice Chairman, Yangon City Electricity Supply Board
· U Toe Aung, Secretary, Yangon City Electricity Supply Board
· U Tun Tun Swe, Co-Secretary, Yangon City Electricity Supply Board
· U Win Maw, Deputy Chief Engineer, Yangon City Electricity Supply Board
· U Tun Kywe, Deputy Chief Engineer, Yangon City Electricity Supply Board
· U Myint Aung, Managing Director, Electricity Supply Enterprise
· U Tint Wei, General Manager, Electricity Supply Enterprise
· U Soe Thein, General Manager, Electricity Supply Enterprise
· U Sann Myint, Chief Engineer, Electricity Supply Enterprise
· U Aung Myint, Chief Engineer, Electricity Supply Enterprise
· Daw San San Win, General Manager, Electricity Supply Enterprise
· U Khin Maung Win, Managing Director, Hydropower Generation Enterprise
· U Hote Shein, General Manager, Hydropower Generation Enterprise
· U Htein Lwin, Managing Director, Myanmar Electric Power Enterprise
· U Khaing Zaw, General Manager, Myanmar Electric Power Enterprise
· Daw Zaw Zaw Than, General Manager, Myanmar Electric Power Enterprise
· U Nyunt Than, Chief Engineer, Myanmar Electric Power Enterprise
· U Maung Maung, Chief Engineer, Myanmar Electric Power Enterprise
· U Tin Maung Win, Chief Engineer, Myanmar Electric Power Enterprise
Meanwhile, participants from private sector include senior representatives from Mayer Brown JSM (Singapore), Tata Power Company Ltd., ADL Capital Advisors, Barons Machinery & Engineering Co., Amata B.Grimm Power Ltd., Sumitomo Mitsui Banking Corporation and many others.
CMT is also organising yet another event in Yangon on 24-26 September, 2013 – Myanmar Oil & Gas Summit. The event focusses on key aspects of Myanmar’s oil & gas sector specifically the country’s oil/gas fiscal regime & developments from the current onshore & offshore blocks bidding, best practices in EITI & environmental issues, infrastructure roadmap for energy delivery, and more. His Excellency U Myint Zaw, Deputy Minister of Energy, Myanmar will grace this summit with an Opening Address and several top officials from the Ministry of Energy and Myanmar Oil & Gas Enterprise along with senior representatives from North Petro-Chem Corporation (Myanmar) Ltd., Trident Technologies/ Geoland Investment Ltd., ROC Oil Company Limited (ROC), will be attending too.
The Ministry of Electric Power had, on July 15, 2013 opened a tender concerning power and natural gas for supplying electricity to 15 industrial zones in Yangon. The deadline for submitting the proposal and prices, which was initially July 31, was later extended to August 15, 2013.
The ministry plans to make the natural gas to be used in power plants operated under the Ministry of Electric Power to be purchased through a gas pipeline owned by Myanmar Oil and Gas Enterprise.
In the year 2013, the Ministry of Electric Power plans to purchase around 150 million and 200 million cubic feet of natural gas per day. After 2014, it hopes to increase this number to approximately 500 and 600 million cubic feet a day.
A Floating Storage and Regasification Unit or FSRU has been used for importing the method of natural gas conversion.
Various international and local tenders for power generation and distribution had been invited by the ministry to the designated 15 industrial zones in Yangon. The companies who win the tender will be obligated to provide a constant supply of electricity to the industrial zones of Myanmar's largest city.
With the exception of rainy season, currently, the factories in Yangon's industrial zones have access to electricity for only five hours a day.
The current electricity demand of Myanmar is estimated to be around 2,000 megawatts. The power generated from natural gas power plants hopes to meet 20 percent of this demand.
The upcoming 2nd Myanmar Power Summit in Yangon on September 23-25, 2013 will throw further light on the Ministry’s on future plans as well as related policies.
Myanmar’s power shortage is one of the biggest problems faced by investors and developers in the new frontier. With the influx of foreign companies and investors, Myanmar’s unstable electricity has become apparent and troughs of efforts are now underway to rectify this issue. Currently, only about 26% of the general public receives electricity, which is set to change by 2030 as Myanmar government makes bold plans to improve the statistic to 80%.
Foreign companies with technical know-how and up-to-date technology now play a big role in the government’s plan to develop the nation’s power sector and national grid. What’s needed now are investments in large base-load power plants powered by coal, natural gas or hydropower in key cities such as Yangon and Mandalay, where power interruptions can translate to economic problems.
Other strategic approaches and opportunities for foreign investors include investing in “small, renewable, off-grid power plants in rural areas” to better suit areas where power demands are low, and also investing in power plants in the Thai-Myanmar border to tap on the sale of electricity to both countries.
Power sector opportunities in Myanmar have attracted a huge number of investors thus far, including those at the government level. Recently, it has been announced that Indonesia’s PT Bukit Asam (PTBA), a state-owned coal miner, are in the talks of a joint venture with a Myanmar company to collaborate in a power plant project, functioning as a G2G cooperation.
In Japan, efforts to help Myanmar achieve its goal by 2030 are also put in place. Japan’s Kansai Electric Power Co. is embarking on a 160 million yen research project till June 2014 to study “Myanmar’s electricity market and power generation capabilities and make a proposal to the Myanmar government on power source development plans through 2030”. The Japan International Cooperation Agency (JICA) has also sent out an order for Chubu Electric Power Co. to research on ways to improve power generation and associated facilities in Myanmar’s commercial capital, Yangon.
The upcoming 2nd Myanmar Power Summit in Yangon on September 23-25, 2013, an industry event hosted by the Ministry of Electric Power, will see regional players convene for updates and networking opportunities. Minister of Electric Power, U Khin Maung Soe will be giving a Keynote Opening at the summit, and senior representatives from both the Ministry and JICA will also be present to share insights and elaborate on future plans.
More information on the 2nd Myanmar Power Summit is available on the Event Page here.
For inquiries, please contact Ms. Grace at firstname.lastname@example.org or Tel. +65 6346 9147.