Energy Sector : MyanmarvInfrastructure Monitoring

Energy Sector : MyanmarvInfrastructure Monitoring

Myanmar’s energy sector has been severely affected by the dual shocks of the February 2021 coup and Coronavirus disease 2019 (COVID-19) pandemic. Developments in the energy sector after the coup have undermined nascent energy sector reforms over th...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: Washington, DC: World Bank 2022
Subjects:
ENERGY POLICIES
ENERGY SECTOR
COVID-19
POLITICAL INSTABILITY
INFRASTRUCTURE
Online Access:http://documents.worldbank.org/curated/en/099045104062298290/P177540085ed880ca098230031387b28dd2
http://hdl.handle.net/10986/37422
id okr-10986-37422
recordtype oai_dc
spelling okr-10986-374222022-05-14T05:10:49Z Energy Sector : MyanmarvInfrastructure Monitoring World Bank ENERGY POLICIES ENERGY SECTOR COVID-19 POLITICAL INSTABILITY INFRASTRUCTURE Myanmar’s energy sector has been severely affected by the dual shocks of the February 2021 coup and Coronavirus disease 2019 (COVID-19) pandemic. Developments in the energy sector after the coup have undermined nascent energy sector reforms over the last few years, including reforms that led to improved service delivery, restructured electricity tariffs, and increased electricity access. Constraints in human resources resulting from the dismissal of over 4,400 staff in key entities and departments under the Ministry of Electricity and Energy (MoEE) has put power sector operation at risk. Public boycott of electricity payments and rising costs of electricity due to dollar-denominated independent power producers have adversely affected the financial viability of the power sector. The political instability in the aftermath of the coup has led to significant operational and financial burdens on the sector, affecting the sector financial viability and fiscal sustainability. Investor confidence has plummeted amid uncertainty and a worsening investment climate, jeopardizing the implementation of approved power projects, including renewable solar. While the global commodity rally continues, there are serious challenges ahead, including the need for skilled labor to ensure electricity reliability, maintain the security of power infrastructure, and increase electricity revenues. 2022-05-13T16:08:35Z 2022-05-13T16:08:35Z 2022-03-31 Report http://documents.worldbank.org/curated/en/099045104062298290/P177540085ed880ca098230031387b28dd2 http://hdl.handle.net/10986/37422 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Working Paper Publications & Research East Asia and Pacific Myanmar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ENERGY POLICIES
ENERGY SECTOR
COVID-19
POLITICAL INSTABILITY
INFRASTRUCTURE
spellingShingle ENERGY POLICIES
ENERGY SECTOR
COVID-19
POLITICAL INSTABILITY
INFRASTRUCTURE
World Bank
Energy Sector : MyanmarvInfrastructure Monitoring
geographic_facet East Asia and Pacific
Myanmar
description Myanmar’s energy sector has been severely affected by the dual shocks of the February 2021 coup and Coronavirus disease 2019 (COVID-19) pandemic. Developments in the energy sector after the coup have undermined nascent energy sector reforms over the last few years, including reforms that led to improved service delivery, restructured electricity tariffs, and increased electricity access. Constraints in human resources resulting from the dismissal of over 4,400 staff in key entities and departments under the Ministry of Electricity and Energy (MoEE) has put power sector operation at risk. Public boycott of electricity payments and rising costs of electricity due to dollar-denominated independent power producers have adversely affected the financial viability of the power sector. The political instability in the aftermath of the coup has led to significant operational and financial burdens on the sector, affecting the sector financial viability and fiscal sustainability. Investor confidence has plummeted amid uncertainty and a worsening investment climate, jeopardizing the implementation of approved power projects, including renewable solar. While the global commodity rally continues, there are serious challenges ahead, including the need for skilled labor to ensure electricity reliability, maintain the security of power infrastructure, and increase electricity revenues.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Energy Sector : MyanmarvInfrastructure Monitoring
title_short Energy Sector : MyanmarvInfrastructure Monitoring
title_full Energy Sector : MyanmarvInfrastructure Monitoring
title_fullStr Energy Sector : MyanmarvInfrastructure Monitoring
title_full_unstemmed Energy Sector : MyanmarvInfrastructure Monitoring
title_sort energy sector : myanmarvinfrastructure monitoring
publisher Washington, DC: World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/099045104062298290/P177540085ed880ca098230031387b28dd2
http://hdl.handle.net/10986/37422
_version_ 1764487028404125696

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