RATCH's status still unsolved

Finance Ministry will propose the Cabinet revise some rules that could disqualify Ratchaburi Electricity Generating Holding from participating the independent power producer bid.

Finance Minister Chalongphob Sussangkarn said as short-term resolutions, the Cabinet would be asked to waive some rules to minimise impacts.

Ratchaburi is now owned 45 per cent by the Electricity Generating Authority of Thailand and 4.91 per cent by Government Savings Bank. Inclusive of a 2.63 per cent stake held by Social Security Fund, the cumulative stake held by the state is beyond 50 per cent, which would lead to the disqualification.

It is being interpretted if the Social Security Fund is a state agency.

- The Nation

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RATCH's status still unsolved

Finance Ministry will propose the Cabinet revise some rules that could disqualify Ratchaburi Electricity Generating Holding from participating the independent power producer bid.

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