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Conservation incentives eyed.

Bangkok Post (Bangkok, Thailand)

| April 02, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Wichit Chantanusornsiri

Apr. 2--Companies investing in new energy-saving equipment and technology will be able to claim special tax writeoffs under a new incentive scheme drafted by the Finance Ministry.

Finance Minister Somkid Jatusripitak said the cabinet would consider the incentives in two weeks, together with other measures from the Energy Ministry aimed at encouraging conservation.

Most of the incentives will be aimed at corporate users.

Dr Somkid said no new incentives would be offered for individual users, given that the Electricity Generating Authority of Thailand already has a programme offering electricity rate ...

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