171.27 million U.S. dollars loan from (ADB) for rural electrification approved

29 July 2020
171.27 million U.S. dollars loan from (ADB) for rural electrification approved
Photo: Ye Aung Thu/AFP

Myanmar parliament approved to get 171.27 million U.S. dollars of loan from the Asian Development Bank (ADB) for projects on promoting rural electrification, Xinhua reported.

"The loans will be used to get more electricity in Kayin state, Ayeyarwady and Magway regions, to covert 66KV power system for 1,535 villages to get electricity in the eastern part of Bago region and to build 66KV transmission lines and substations in Tanintharyi region, Chin and Rakhine states," deputy minister of Ministry of Electricity and Energy U Khin Maung Win said at the meeting.

As the country sees an annual 15 percent growth of electricity consumption, processes are being implemented to generate 900 MW from three liquefied natural gas (LNG)-fired power plants to meet the demands, he added.