Aung San Suu Kyi, the country’s democracy leader, was ousted by the military four years ago on Saturday ( Feb 1 ), causing a civil war in Myanmar that has already left thousands of people dead.
The Southeast Asian nation has oil, gas and coal deposits as well as powerful hydraulic and solar possible, but is crippled by political instability, investment journey, poor plan and a lack of infrastructure.
According to a report from the Ministry of Electric Power from January, the power system could typically distribute around 4, 000 MW of the 7, 000 megawatts ( MW) of daily installed capacity.
Regular daily power generation has plummeted to 2, 200 MW, it said, with just half of that being distributed.
The junta has attributed the worsening disruptions to rising oil prices and anti-coup soldiers ‘ strikes on system.
In April of last year, the World Bank polled a third of companies, with 12 percent of those companies reporting energy interruptions as their main issue.
Only 48 % of the people, the lowest rate in Asia, had access to electricity in soon 2024, according to the UN.
And the market and the well-being of the populace are both being negatively impacted by the problems.
” We didn’t cook with coal or wood in Yangon’s small rooms. So we only rely on gas for cooking but… we likewise face oil shortfalls”, Yin Kay Thwe said.
” We are struggling with cooking everyday”.