MISSION

BUILD A BETTER MYANMAR FOR ITS PEOPLE BY HARNESSING SUSTAINABLE ENERGY RESOURCES

Currently, 65% of Myanmar’s population lacks access to grid electricity. The rapid reduction in the cost of solar panels and battery storage has made solar-powered mini-grids a viable alternative to centralized grid electricity for rural households. Solar-powered mini-grids can be deployed rapidly and financed with private capital complementing the government's efforts to increase generation and extend the national grid.

Yoma Micro Power builds, owns, operates and maintains small-scale power plants and mini-grids for off-grid rural customers and rooftop grid-tied solar systems for commercial and industrial customers. The off-grid systems provide electricity to off-grid telecommunication towers and the surrounding communities including households, schools, monasteries, clinics, and businesses. And, the grid-tied rooftop systems reduce C&I customers' electricity bill with sustainable and green electricity from solar.

“Electrification is a cornerstone of Myanmar’s economic and social development. Our solar-powered mini-grids offer an efficient pathway for rural electrification as we are able to provide an on-grid experience to rural villages that may otherwise have to wait ten or more years to obtain grid electricity.”

- Alakesh Chetia, CEO and founder of Yoma Micropower

MANAGEMENT

Alakesh Chetia, Chief Executive Officer

Alakesh Chetia has 25 years of experience in solar energy, semiconductor, software and computer systems. Immediately prior to co-founding Yoma Micro Power, he was President of Social Innovations and Managing Director of Rural Electrification at SunEdison. Prior to SunEdison, Alakesh held positions of Vice President and General Manager at Cypress Semiconductor, Chief Operating Officer at TransEDA and Chief Executive Officer at iMODL, while based in Silicon Valley, California.

Alakesh holds a Bachelor’s degree in Electrical and Electronics Engineering from NITK and a Master’s degree in Computer Engineering from Michigan Tech.

Dinesh Gupta, Chief Operating Officer

Dinesh has more than 30 years of experience in the renewable energy and telecommunication sectors. Prior to Yoma Micro Power, Dinesh led operations for large renewable energy projects in India with SunEdison and Tata Power. He also has headed R&D, marketing, and project management efforts in multinational telecom companies such as National Telecom, Ericsson, Nokia, and ZTE.

Dinesh has a Bachelor’s degree in Electronics and Telecommunications Engineering and is a certified project management professional.

BOARD OF DIRECTORS AND INVESTORS

PROJECTS

Rural Electrification

Yoma Micro Power aims to provide electricity to some of Myanmar’s most rural customers unlikely to access it for several years to decades otherwise. Operating in the country’s off-grid areas, Yoma Micro Power works closely with national and regional governments as well as local authorities including village and religious leaders and the communities that it serves. With scalable solar hybrid micro power plants, Yoma Micro Power provides them affordable, clean electricity with 24/7 availability. Yoma Micro Power is pioneering the use of responsive demand-side management, implementing smart meters and digital payments like Wave Money, which fosters financial inclusion by bringing previously unbanked customers into banking and financial sectors.

Off-Grid Telecom Towers

Yoma Micro Power offers reliable, cost-effective, and clean electricity services to off-grid telecommunication towers that otherwise have to rely on expensive and dirty diesel generators. There are currently more than 10,000 off-grid towers in Myanmar that use an estimated 125,000,000 liters of diesel per year, emitting more than 300,000 tons of greenhouse gases. Yoma Micro Power utilizes solar hybrid power plants to serve the energy needs of these telecom towers, enabling them to transition off fossil fuels to greener and ultimately cheaper energy sources. Unlike traditional utility companies, Yoma Micro Power provides uptime guarantees through service level agreements committing to reliable service, empowering telecom companies to provide high-availability service to their customers.

Commercial and Industrial

Yoma Micro Power builds, owns, operates, and maintains several grid-connected rooftop solar systems for commercial buildings as well as diesel abatement solutions for off-grid areas and islands. Myanmar's total generation capacity is unable to meet the demands of those connected to the grid, even with 65% of the population being off-grid, and the gap between supply and demand is widening as the country's commercial and industrial segment expands rapidly. Yoma Micro Power's first grid-tied solar system, a 26kWp plant, became active at The Campus, the headquarters of the Yoma Group at Pun Hlaing estate, in March 2018. In May 2018, a 52kWp system was commissioned on the rooftop of the A5 building in Star City – a premier apartment and golf community in Yangon. Yoma Micro Power is also operating a diesel abatement solar system at Awei Pila resort in the Mergui archipelago.

IN THE NEWS

SOCIAL MEDIA

CONTACT US

Address : Estate Management, Pun Hlaing Estate, Yangon, Myanmar.
Telephone : (951) 368 7766
Fax : (951) 3687 687