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Thai Electric Utility's 140 Billion Baht Debt Strains Public Purse.
May 3--Raising sector efficiency, cutting public costs and ensuring the long-term security of the country's electricity system are the key objectives for the government's plans to list the Electricity Generating Authority of Thailand on the Stock Exchange of Thailand, according to Energy Minister Prommin Lertsuridej.
Failure to improve the efficiency of the state electricity giant represents a direct threat to the country's future economic development, considering that 400 billion baht in investment will be needed over the next 10 years to meet growing electricity demand, he told the Bangkok Post.
Power demand is projected to grow by 1,200 to 1,500 megawatts per year, based on projected economic ...
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Source: HighBeam Research, Thai Electric Utility's 140 Billion Baht Debt Strains Public Purse.