Myanmar and China formalized an agreement for the procurement of electricity from three solar power plant projects, namely Kyeeon Kyeewa, Kinda, and Sedoktaya. The accord, signed between PowerChina Resources Ltd and Myanmar's Ministry of Electric Power, was announced in a statement from the Chinese Embassy in Myanmar.
The combined capacity of the three solar power plants, located in Magway and Mandalay Region, is set at 90 megawatts. This strategic collaboration aims to bolster the development of the regions and ensure a reliable power supply. The signing ceremony, held in Nay Pyi Taw, involved discussions between representatives from both nations on the future prospects of China-Myanmar electricity cooperation.
The Union Minister for Electric Power commended the progress achieved in solar energy cooperation projects, emphasizing the positive impact on the development of both countries. Discussions during the event covered various aspects, including the ongoing development of China-Myanmar electricity interconnection, addressing Myanmar's electricity needs, and ensuring the successful construction of the China-Myanmar Economic Corridor.
Particular attention was given to the implementation of the agreement results from the Third Belt and Road Forum for International Cooperation, highlighting the collaborative efforts aimed at fostering mutual interests and bringing tangible benefits to the people of Myanmar. The agreement signifies a step forward in the partnership between the two nations, with a focus on sustainable energy solutions and regional development.