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Egat affiliates 'may do better on their own'.
Byline: Yuthana Praiwan
Jan. 2--A government regulator has suggested that Egat Plc should either consolidate its two subsidiaries -- Ratchaburi Electricity Generating Holding Plc (Ratchaburi) and Electricity Generating Plc (Egco) -- or exit them in order to given them the flexibility to compete in future.
The suggestion comes in light of a proposal that Egat and its subsidiaries be barred from bids to be called next year for new power plants under a long-term electricity expansion programme.
If SET-listed Ratchaburi and Egco needed to take part in bids for new independent power projects (IPP) in order to maintain business growth, Egat would ...
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