Business Services Industry
Electricity Structure Set to Change in Thailand.
Knight Ridder/Tribune Business News, December, 2003
By Yuthana Praiwan, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Dec. 10--The cabinet has endorsed the new structure for the country's electricity sector, which requires separate financial accounts for the generation and transmission systems of the Electricity Generating Authority of Thailand (Egat).
The cabinet yesterday also approved the establishment of a new regulatory body to oversee the electricity sector, taking over the function from the National Energy Policy Council.
Under the new structure, the financial accounts of the power generation and transmission systems will be separated in order to improve the cost transparency of power supply, according to Energy Minister Prommin Lertsuridej.
Egat will...
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