Monday, August 21, 2017

MOEP signs first wind power deal

The Ministry of Electric Power signed a wind power deal with China Three Gorges Corporation last week, said a MOEP official.

The two parties signed a memorandum of agreement (MoA) for a wind turbine project in the Chaungtha area of Ayeyarwady Region, which will generate 30 megawatts of electricity, according to MOEP.

“It is our first MoA in the wind power sector,” said U Aye Hsan, director general of the Department of Electric Power under the MOEP. “The company will proceed with a joint venture agreement process as the final step of the project.”

China Three Gorges Corporation conducted a feasibility study of wind power potential in Chaungtha after signing a memorandum of understanding with the MOEP a few years ago, added U Aye Hsan.

“It will take some time to start electricity generation from this project because the company needs to undertake investment and projection activities,” he said.

The ministry has conducted a series of feasibility studies for other prospective wind power projects and has a long list of candidates.

There are 10 project areas in Chin State with the potential to generate a total of 1472MW, 10 in Rakhine state with the potential for 1484MW, five project areas in Ayeyarwady region with the potential for 478MW and two in Yangon region with the potential for 274MW, according to the MOEP.

The government aims to produce 2 percent of its electricity through renewable power in by 2020 and 9pc by 2030.