Friday, 28 February 2014

Ministry to sign MoU for Dawei power plant

The Ministry of Energy has approved plans by the Admin Power & Utility Ltd. to build a 500-MW natural gas power plant in Dawei.

The ministry will allow the company to purchase natural gas to build a 50-MW power plant to provide power for regional security as a first phase.

“The ministry and the company will sign a MoU in coming March. It is expected that the construction of the plant could be finished within eight months. As soon as the plan is finished, power will be supplied,” said Win Swe, minister for electric power and industry.

The company plans to supply power to villages along existing power lines in the area. The minister added that they would know the price of electricity only when the company and the ministry signed the MoU.

“The government will have to buy the power necessary from the project at a similar price rate as exporting to Thailand from Zawtika project. It is not known what price for power will be. I hope the price is less than the current price of one unit power,” said the minister.

The consumption of electricity of local people of Taninthayi Region is 20 MW. The private power price for one unit is on average Ks 500.

source: Eleven Myanmar
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