Myanmar: A private company proposes to supply electricity in Myeik

Myanmar: A private company proposes to supply electricity in Myeik

A private company, South East Asia Energy and Electricity Company, has
submitted a proposal to Taninthayi regional government to supply 60
megawatts of electricity generated from hydropower, solar power and fuel oil
(FO), with an investment of more than US$60 million in Myeik district,
sources said.

The company intends to supply electricity generated from hydropower in
Palauk sub-township and to supply electricity from solar power and fuel oil
in Myeik.

Local people and civic organizations asked about environmental issues and
other items relating to the project.

"We will generate electricity from Palauk which will have about 15 megawatts
or 20 megawatts of electricity. We will invest about US$20 million for the
hydropower project. The US$15 million solar power project will be developed
in Tawhtwatgyi and we will have 25 megawatts of electricity. We will supply
electricity in Myeik using FO fuel. It will cost about US$20 million and
will generate 25 megawatts of electricity. We will invest about US$4 million
to replace power cables in Myeik. We will distribute electricity to Myeik
first then we will negotiate with the regional government to supply
electricity in nearby Myeik," managing director Maung Maung Myint said.

Many companies are trying to invest in the energy sector and investors from
Thailand are interested in coal-fired power projects.

Locals are against the coal-fired power projects and hydropower projects
which require building dams in the Taninthayi River.

"We can generate 20 megawatts of electricity from hydropower project only in
the rainy season. Electricity generated from solar power will be during the
summer. Electric bills will be between approximately Ks250 and Ks300 per
unit as we are supplying electricity using FO fuel. If solar power is
generated, the bill will be under Ks250 per unit. If hydropower is
generated, the bill will be under Ks160 per unit. The electric bill will be
about Ks230 per unit if all three energy sources are used to generate
electricity.

"The most important thing is to have approval from the regional government.
Now the agreement is only in the MoU stage and we need approval from the
regional government. Then it will be submitted to Myanmar Investment
Commission. If we has permission from the MIC, we will implement the
project," he said.

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Link to Original Article: http://www.elevenmyanmar.com/local/9211

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com