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<a href="http://www.accessmylibrary.com/article-1G1-122356521/thai-official-suggests-stock.html" title="Facts and information about Thai Official Suggests Stock Market Money Could Fund Hydro-Power Project.">Thai Official Suggests Stock Market Money Could Fund Hydro-Power Project.</a>
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Thai Official Suggests Stock Market Money Could Fund Hydro-Power Project.
Byline: Yuthana Praiwan
Feb. 13--New Energy Minister Prommin Lertsuridej yesterday floated the idea of having the Electricity Generating Authority of Thailand (Egat) raise funds from the stock market to finance a large-scale hydro-power project on the Salween River to help alleviate the government's financial burden.
As a result, Egat's planned privatisation would be sped up and should be completed before the original schedule of 2004. As well, speedy privatisation would ease the government's debt burden incurred by Egat's other projects.
Earlier, Egat had said privatisation could erode its ability to borrow from financial institutions to ...
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