The Ministry of Electric Power ( my, လျှပ်စစ်စွမ်းအားဝန်ကြီးဌာန; abbreviated MOEP) administers Burma's electric power policies. The current minister is Thaung Han
.
History
On 1 October 1951, Electricity Supply Board (ESB) was organized under the
Ministry of Industry A Ministry of Trade and Industry, Ministry of Commerce, Ministry of Commerce and Industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
. On 16 March 1972, it was changed as Electric Power Corporation (EPC). On 1 April 1975, the Ministry of Industry was organized as No 1 and No 2, the EPC was composed under the Ministry of No 2 Industry. On 12 April 1985,the Ministry of No 2 Industry was changed as
Ministry of Energy A Ministry of Energy or Department of Energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-rel ...
, so the EPC was composed under it. On 1 April 1989, the EPC was changed into Myanmar Electric Power Enterprise (MEPE).
On 15 November 1997,the Ministry of Electrical Power was started organized and there were three departments under it, Department of Electrical Power, Myanmar Electric Power Enterprise and Department of Hydropower. On 15 May 2006, the ministry was divided into No 1 and No 2. On 5 September 2012, they were composed as one Ministry as Ministry of Electrical Power (MOEP).
In the new Myanmar cabinet of U
Htin Kyaw
Htin Kyaw ( my, ထင်ကျော်, or ; born 20 July 1946) is a Burmese politician, writer and scholar who served as the ninth president of Myanmar from 30 March 2016 to 21 March 2018. He was the first elected president to hold the off ...
, the MOEP was composed with Ministry of Energy as
Ministry of Electricity and Energy (MOEE).
After 2021 coup, the provisional government reorganized MOEE into Ministry of Electric Power(MOEP) and Ministry of Energy (MOE).
Ministers
*Thaung Han (2 May 2022 - Incumbent)
Projects
Myanmar Engineering Society
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John Wells explai ...
has identified at least 39 locations capable of geothermal power production and some of these hydrothermal reservoirs lie quite close to
Yangon
Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government ...
which is a significant underutilized resource.
Financing Geothermal projects in Myanmar use an estimated break even power cost of 5.3-8.6 U.S cents/kWh or in Myanmar Kyat 53-86K per kWh. This pegs a non-fluctuating 1$=1000K, which is a main concern for power project funding. The main drawback with depreciation pressures, in the current FX market.
Between June 2012 and October 2015, the Myanmar Kyat depreciated by approximately 35%, from 850 down to 1300 against the US Dollar. Local businesses with foreign denominated loans from abroad suddenly found themselves rushing for a strategy to mitigate currency risks. Myanmar’s current lack of available currency hedging solutions presents a real challenge for Geothermal project financing.
See also
*
Cabinet of Burma
References
External links
Official website
{{authority control
ElectricPower
Myanmar
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John Wells explai ...
Electric power in Myanmar