K722 million to fund two state-owned electric power firms

5 April 2017
Myanmar Times
Electricity production / Energy
Japan International Cooperation Agency (JICA) / World Bank / Ministry of Electricity and Energy / Ministry of Planning and Finance / 2017 Union Budget Law / Yangon Electricity Supply Corporation (YESC) / Mandalay Electricity Supply Corporation (MESC) / Asian Development Bank (ADB)

According to the 2017 Union Budget Law, K722 million has been allocated for Yangon and Mandalay electricity corporations – K529 million will go to the Yangon Electricity Supply Corporation (YESC) and Mandalay Electricity Supply Corporation (MESC) will receive the rest, K243 million. Both are state-owned organisations under the Ministry of Electricity and Energy.

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K722 million to fund two state-owned electric power firms

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