CMT's 5th MPS (Myanmar Power Summit) on 15-16 November, 2018 in Yangon, discusses plans to address Myanmar's severe power shortages, foreign private investments in new gas-fired power plants and renewable energy as well as mini-grid solutions, among other topics.
YANGON, Myanmar, Oct. 9, 2018 /PRNewswire/ -- Local and international power producers, renewable energy producers and many other power industry players are heading to Yangon for 5th MPS. Day 1 opens with Ministry of Electricity & Energy's speech on 'Forward Plans on Meeting the Country's Growing Electricity Needs' highlighting plans to meet base-load and additional demand in peak hours/major cities, electricity tariffs, policy reforms, as well as private investment and IPP participation. The Ministry also addresses Myanmar's progress in using LNG to generate power.
Corporate Sponsor - Wartsila joins the discussions with a session on 'Prospects of LPG & Other Fuels in Power Generation - Fuel Comparisons & Tariff Impact' while Sumitomo Corp presents on 'Regional Power Market Development and Implications for Myanmar'. In addition, Maxpower Asia Group delivers a talk on 'Development of Gas-Fired Power Plants Projects in Myanmar'.
Myanmar's renewable energy plans and projects are analysed in these sessions:
- Developing Large Scale Solar Power Plant in Myanmar's Minbu City - Green Earth Power
- Hydropower - A Clean, Renewable & Economical Source of Power for Myanmar - IGE
- Harnessing Environmentally Sustainable Hydropower in Myanmar: Rationalising the Projects - International Finance Corporation (IFC)
- Pay-As-You-Go Solar as the Fastest Way to Electrify Rural Myanmar - SolarHome
The program focuses on Myanmar's mini-grid situation via sessions by:
- Pact - Mini Grid for Rural Myanmar: What's Needed & Challenges?
- Roland Berger Strategy Consultants' (Corporate Sponsor) - Mini-grid Solutions in Myanmar: What are the Opportunities for Private Investors?
- Tractebel and Parami Energy - Off-Grid Development in Myanmar: The Yesagyo Island Mini-Grid Project
Organized by Centre for Management Technology (CMT), the summit also features a Panel Discussion themed "Attracting Investments for Sustainable Electricity Growth in Myanmar" with panelists from Sumitomo Corp, Roland Berger, IGE, Tractebel, and Wartsila.
In addition, Associate Sponsor - DFDL Mekong Group explains the legal process and financial closing of power projects in Myanmar.
5th Myanmar Trade Summit is held concurrently with Myanmar LPGtrade Summit at the same venue in Yangon.