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Thai Provincial Electricity Authority Fears Policy on Tariffs to Affect IPO.
Byline: Yuthana Priwan
Jun. 9--Provincial Electricity Authority (PEA) is concerned that its initial public offering (IPO) scheduled for the fourth quarter of next year, will not be successful due to inequities in the power tariff structure which limits the profitability of the institution.
Governor Paichit Thienpaitoon said PEA's offering would not attract investors as there was no clear-cut policy about the power tariff structure which was not fairly distributed among the three power utilities. The other two are Metropolitan Electricity Authority (MEA) and Electricity Generating Authority of Thailand (Egat).
Energy Minister Prommin Lertsuridej ...
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Source: HighBeam Research, Thai Provincial Electricity Authority Fears Policy on Tariffs to...