On 1 October 1951, Electricity Supply Board (ESB) was organized under the Ministry of Industry.
On 1 April 1989, the EPC was changed into Myanmar Electric Power Enterprise (MEPE).
[2] Myanmar Engineering Society has identified at least 39 locations capable of geothermal power production and some of these hydrothermal reservoirs lie quite close to Yangon which is a significant underutilized resource.
Local businesses with foreign denominated loans from abroad suddenly found themselves rushing for a strategy to mitigate currency risks.
Myanmar’s current lack of available currency hedging solutions presents a real challenge for Geothermal project financing.