Friday 16 August 2013

Ministry selling electricity at a loss - Deputy Minister

The government is selling electricity at a loss and there is yet no plan for reducing electricity charges, according to officials from the Ministry for Electric Power at a parliamentary meeting on August 12.

"The Ministry of Electric Power charged 35 Kyat per unit for a meter box and 75 Kyat per unit for a power meter box. Tax is currently 1000 Kyat per meter box and 5000 Kyat per power meter box," said Deputy Minister for Electric Power Aung Than.


Average production cost for per unit is nearly 78 Kyat while the selling price per unit is 56 Kyat. Therefore, the Ministry of Electric Power is selling the electric power for 22 Kyat per unit loss.

The Ministry has no plan for reducing meter charges as the Ministry is facing loss, the Deputy Minister added.

source: Eleven Myanmar

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