BUSINESS – Govt to up country’s electricity reserves by 30 percent

Burma’s government plans to increase the country’s electricity reserves by 30 percent to prevent nationwide power outages, Deputy Union Minister for Electric Power Maw Tar Htwe said to the Myanmar Business Today last week. The country’s annual electricity consumption rate increases by 13 percent every year, while the electricity sector is still underdeveloped, with only 30 percent of the population getting electricity. The government plans to produce about 23,000 megawatts of electricity by the fiscal year of 2030-31.