Business Services Industry
Thai electrical authority to subsidize purchases of backup generators.
Knight Ridder/Tribune Business News, September, 2004
By Yuthana Praiwan, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Sep. 21--Operators of factories and other buildings that use their own backup power generators during peak demand periods will soon qualify for substantial subsidies, according to a senior executive of the Electricity Generating Authority of Thailand (Egat).
"The move will help alleviate Egat's financial burden from building new power plants, which requires it to invest between US$800,000 and US$1 million per megawatt," said Trong-art Wongwatanyou, the chief of the industrial sector project in Egat's demand side management division.
"It will also help make use of machines that normally do not operate unless there are power blackout emergencies."
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