The solar power project in Thilawa SEZ capable of generating approximately 14 megawatts is being implemented gradually in phases for the summer season.
Furthermore, the MOEP announced that Myanmar-Japan Thilawa Development Limited (MJTD), the developer of Thilawa SEZ, plans to distribute surplus electricity generated from the solar power system to the Ministry's grid upon its completion.
An official from the MOEP informed the NP News, "There are factories located within the Thilawa SEZ. If the owners of these factories wish to sell excess electric power, we are facilitating a collective purchase from them. We had previously announced our intention to buy surplus electricity, and we are now proceeding according to our established plan."
The MOEP confirmed they're proceeding with the plan to purchase surplus electricity after private companies in the Thilawa SEZ submitted proposals to Yangon Electricity Supply Corporation.
Standard operating procedures for selling surplus electricity generated by the Thilawa SEZ solar power system to the national grid via Yangon Electricity Supply Corporation (YESC) have reportedly already been established.
According to the announcement, the MOEP will purchase surplus solar power generated in the Thilawa SEZ at a rate of 85 kyats per unit for capacities between 100 kilowatts and 1 megawatt, and 80 kyats per unit for capacities up to 10 megawatts.
One megawatt of electricity can power approximately 3,500 households in Myanmar. According to the ministry, the average individual electricity consumption in the country was around 378 kilowatt-hours in 2022.
In 2023, Yangon Electricity Supply Corporation (YESC) announced a program to purchase surplus electricity generated by small-scale private solar systems.
Currently, there exists a significant gap between energy supply and demand, prompting the government to allocate solar power to the public through a quota system. This scarcity affects not only Yangon but also other states and regions, hindering the well-functioning of businesses, industries, and daily life.