Myanmar: Electric power convention to explore

An electric power convention will be hosted by Myanmar later this month to explore ways of settling power shortage and expanding power market in the country, event organiser said Sunday. The 2nd Myanmar Electric Power Convention (MEPC) -2014, scheduled for Oct. 21 in Yangon, will be attended by more than 250 delegates and speakers to discuss and explore opportunities in the Southeast Asian country's booming power market. Topics to be focused during the three-day convention include current status and challenges of Myanmar's power market, investment policy and potential hydropower project, latest updates in new electricity law and the role of hydropower in Myanmar. Besides these, Thailand's future power system, support of Tokyo Electric Power Corporation, the prospective of Korea Electric Power Corporation and the assessment of Myanmar's power sector by the Asian Development Bank (ADB) will also be touched upon. Electricity demand in Myanmar is increasing because of economic growth. Power consumption in Myanmar has increased by 33 per cent, an increase from 2.4 million households equivalent to 72 per cent of the country's total households in 2011 and to 3 million households in 2014, according to globalpost.com