Local company Danarazar to provide electricity to Yangon industrial zone

YANGON-Local private companies are poised to distribute electricity to industrial zones in Yangon, the commercial hub of Myanmar, according to local sources.

Among them, Danarazar Company is now preparing to distribute power to Hlaingthaya Industrial Zone in the city at a price of Ks 150 per unit, said the management committee for the zone.

Ministry of Electrical Power held a formal meeting with the companies and the committee on November 12 to talk about the power distribution at the committee’s office.

“Danarazar Company will work together with Yangon Electricity Supply Board (YESB) to distribute power to Hlaingthaya Industrial Zone. The company is under way to distribute power from early 2014. A contract between the company and YESB will soon be made. We approximately agreed to provide power at a price of Ks 150 per unit,” said Aung Kyaw Oo from the committee.

“It’s sure that the Danarazar will distribute power to Hlaingthaya Industrial Zone. But it’s still clear which month in the coming year it will start the distribution,” Aung Kyaw Oo told The Daily Eleven.

Electricity minister said industrial zones in Yangon will get electricity at a price not the same like the government rate for the public use.

The electricity ministry permitted local private companies to distribute electricity in 84 townships before this July.

Source: ELEVEN Myanmar

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