Yangon Braced for Hot-Season Power Cuts

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Nilar Kyaw, Yangon Region’s minister of electricity, industry, roads and communications, says the city is expected to suffer regular blackouts during the hot season. 

Some townships in Yangon are reporting regular power outages. “In Thingangyun Township, there was a power outage last night. It lasted about one hour,” said a resident.  

Kyaw Win, union minister of planning and finance, told the Federation of Chambers of Commerce and Industry that electricity demand would peak during the hot season.  

Yangon’s chief minister Phyo Min Thein recently said there were many foreign and domestic investors interested in the electricity market but they were put off by the subsidised prices.

Nilar Kyaw said: “Subsidies mean returns from the electricity supply do not cover the production costs. The government had to spend Ks470 billion for electricity supplies and production costs. Economic development is difficult without electricity. But under these circumstances, the more electricity we produce, the more we will be loss-making.”

She added that the government was expected to make an estimated loss of Ks900 billion if it met the region’s electricity demand in 2017-18.

Yangon Region used 1,250 megawatts of power last fiscal year, according to Yangon Electricity Supply Corporation.

The region accounts for up to 50 per cent of the country’s power consumption. The ownership ratio between the government and the private sector in the electricity sector was 51:49, Dr Tun Naing, deputy minister for electricity and energy, recently told a forum in Yangon.

 

Source: Eleven Myanmar
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