Government signed a contract to buy electricity from Swan Ar Thit Oasis Development Company in order to remote areas where electricity is not available

Myanmar Electricity Enterprise, under the Ministry of Electricity and Energy, signed a contract to buy electricity from Swan Ar Thit Oasis Development Company so that it can power remote areas where electricity is not available.

Electricity from the Upper Balu Chaung Hydropower Project, developed by Swan Ar Thit Oasis, will be sent to the national power grid in next three years.

“When the project is finished, we will be able to power many households in villages near Nyaung Shwe City in Southern Shan State, and create jobs for around 500 local people,’’ said U Win Khaing, Union Minister of the Ministry of Electricity and Energy.

The project has two power generators: one with an installed power of 20.4 megawatts, and the other with an installed power of 10 megawatts, together they will generate 134.4 million kwh per year.

The Upper Balu Chaung Hydropwer project was started in 2011 under a Build Operate and Transfer (BOT) agreement, and is about 45 percent completed.

Myanmar currently uses about 2,952 megawatts per year, and most of it is used by Yangon sucking up 1,105.6 megawatts, followed by Mandalay’s need for 472.2 megawatts, and Naypyidaw with a modest 120.9 megawatts. The remaining Regions and State use a combined 1,254 megawatts.

(Myanmar Business Today: https://www.mmbiztoday.com/articles/government-signs-contract-buy-electricity-swan-ar-thit-oasis )

​