Myanmar Power Generation EPC Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Power Generation EPC Market in Myanmar and the Market is Segmented by Source (Conventional Thermal Power (Diesel, Gas, Coal), Hydropower, and Other Sources (Solar and Wind)).

Myanmar Power Generation EPC Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Myanmar Power Generation EPC Market Size

Myanmar Power Generation EPC Market Outlook
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 3.50 %
Market Concentration Low

Major Players

Myanmar Power Generation EPC Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Myanmar Power Generation EPC Market with other markets in Energy & Power Industry

Oil and Gas

Power

Battery

Decommissioning

Emerging Energy Technologies

Energy Storage Technology

Myanmar Power Generation EPC Market Analysis

The Myanmar Power Generation EPC Market is expected to register a CAGR of greater than 3.5% during the forecast period.

On account of the upcoming projects, the hydropower sector is expected to see significant growth in the Burmese market during the forecast period.

The electrification rate in Myanmar is growing, and the government's goal is to increase capacity to 20,000 MW by 2030 from the current installed capacity of only 4,000 MW. This is expected to create opportunities for the market's growth during the forecast period.

Myanmar has a high potential for renewable energy. Increasing investment in the sector is expected to aid the growth in the market during the forecast period.

Myanmar Power Generation EPC Industry Overview

The power generation EPC market is moderately fragmented. Some of the key players in this market are EAM Myanmar, TTCL Public Company Limited, Zeya & Associates Power Systems, Parami Energy, and SMEC Holdings, among others.

Myanmar Power Generation EPC Market Leaders

  1. TTCL Public Company Limited

  2. Snowy Mountains Engineering Corporation Holdings Limited

  3. EAM Myanmar Ltd.

  4. Zeya & Associates Co. Ltd.

  5. Parami Energy Group of Companies

  6. *Disclaimer: Major Players sorted in no particular order
EAM Myanmar, TTCL Public Company Limited​​, Zeya & Associates Power Systems​​, Parami Energy​, and SMEC Holdings
Need More Details on Market Players and Competiters?
Download PDF

Myanmar Power Generation EPC Market News

In December 2020, Parami Energy connected a solar mini-grid in Yesago Island, which has 288 KW peak capacity and is connected to 1422 households in Myanmar.

In December 2021, a 388 MW gas-fired power project was planned in Yangon, Myanmar. The power generated from the project is likely to be sold to Myanmar Electric Power Enterprise. The project construction is expected to commence in 2022 and is estimated to enter commercial operation by June 2024. TTCL Public Co. Ltd, Sojitz Corporation, Shikoku Electric Power Co. Inc., and Inpex Corporation are involved in this project.

Myanmar Power Generation EPC Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Source
    • 5.1.1 Conventional Thermal Power (Diesel, Gas, Coal)
    • 5.1.2 Hydropower
    • 5.1.3 Other Sources (Solar and Wind)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Collaborations, and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Company Profiles
    • 6.3.1 EAM Myanmar
    • 6.3.2 Snowy Mountains Engineering Corporation Holdings Limited
    • 6.3.3 TTCL Public Company Limited
    • 6.3.4 Marubeni Corporation
    • 6.3.5 Sumitomo Corporation
    • 6.3.6 Mitsui & Corporation Limited
    • 6.3.7 Zeya & Associates Power Systems
    • 6.3.8 Hyundai Engineering and Construction Corporation Limited
    • 6.3.9 Parami Energy
    • 6.3.10 Mitsubishi Heavy Industries Group
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Myanmar Power Generation EPC Industry Segmentation

The Burmese power generation EPC market report includes:

Source Conventional Thermal Power (Diesel, Gas, Coal)
Hydropower
Other Sources (Solar and Wind)
Need A Different Region or Segment?
Customize Now

Myanmar Power Generation EPC Market Research FAQs

What is the current Myanmar Power Generation EPC Market size?

The Myanmar Power Generation EPC Market is projected to register a CAGR of greater than 3.5% during the forecast period (2025-2030)

Who are the key players in Myanmar Power Generation EPC Market?

TTCL Public Company Limited, Snowy Mountains Engineering Corporation Holdings Limited, EAM Myanmar Ltd., Zeya & Associates Co. Ltd. and Parami Energy Group of Companies are the major companies operating in the Myanmar Power Generation EPC Market.

What years does this Myanmar Power Generation EPC Market cover?

The report covers the Myanmar Power Generation EPC Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Myanmar Power Generation EPC Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Myanmar Power Generation EPC Industry Report

Statistics for the 2025 Myanmar Power Generation EPC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Myanmar Power Generation EPC analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.