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Solar Power Plant Opens in Magway
AUTHOR: ZIN THU TUN
Thailand’s Green Earth Power (GEP Myanmar Company Limited) on June 28 launched its $290 million solar power plant in Saku Township, Minbu District in Magway Region.
The plant has the capacity of producing 170 megawatts, it will become operation in four phases. The first three phases will produce 40 megawatts each, the fourth will produce 50 megawatts. The first phase of the project became operational in February 2018.
Upon completion, the plant will be able to generate up to 350 million kilowatt hours per year and will provide electricity to over 200,000 households.
Daw Aung San Su Kyi, the State Counsellor of Myanmar, also attend the opening ceremony of the solar power plant.
Since the plant does not depend on fossil fuels, it has various advantages. The plant will not produce emissions from burning fuel, this results in a lower environmental impact. Additionally, solar power plants require less maintenance, which will save long term operating costs the state counsellor said.
Soon after submitting a proposal to the Myanmar Investment Commission in March 2017, the solar plant received approval in early 2017.
In addition to Green Earth Power, Singapore-based Sembcorp Industries also launched their $310 million solar plant named Sembcorp Myingyan Independent Power Plant in March 2018. The installed capacity of the plant is 225 megawatts, it is located in Myingyan Township, Mandalay Region.
Japanese Companies Plan to Build 1000-MW Powerplant in Myanmar
AUTHOR: TIN MG OO According to U Zaw Min Win, Chairman of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), Japanese companies are planning to build a new power project in Myanmar that will be capable of producing 1,000 megawatts (MW) of electricity per year.
Yangon to See Increased Electricity Rates
Author: Ei Thandar Tun :The Ministry of Electricity and Energy announced that it will raise the rate for electricity in Myanmar starting from July 1. The rate increase will generate more revenue from the ever-loss-making industry, the revenue will be used to improve power generation, distribution and increase access to electricity
Myanmar to Upgrade Hydropower Stations with AFD Loan
AUTHOR: TIN MG OO Myanmar will upgrade five hydropower stations across the country using a loan worth €35.7 million. The loan is from French Development Agency (AFD) according to Dr. Tun Naing, Deputy Minister of the Ministry of Energy and Electricity.