Home > Business > Power demand drops in line with economy

  • twitter
  • Print
  • Email
ELECTRICITY

Power demand drops in line with economy



Thailand's electricity consumption dropped 3.4 per cent in the first half of this year, according to Electricity Generating Authority of Thailand.

 

 In June alone, demand declined 0.5 per cent.

 EGAT Governor Sombat Sarntijaree said on Friday that overall this year, power demand would contract 2.5 per cent, in line with the economic growth forecast. This will result in a lower profit remittance to the government.

 EGAT is obliged to remit 40 per cent of profits to the government. Last year, it remitted Bt12 billion.

 Earlier, Egat plans to issue Bt30 billion bonds, but it was advised by the Finance Ministry - which has recently raised Bt50 billion through bonds - to directly sell the bonds to financial institutions.



Bookmark and Share

Free! Thailand Business News Update , Stock Market , SET Index , Invesment Information and more...

Enter your email address:

OTHER BUSINESS



Advertisement

{/literal}


Privacy Policy (c) 2007 NMG News Co., Ltd.
1854 Bangna-Trat Road, Bangna, Bangkok 10260 Thailand.
Tel 66-2-338-3000(Call Center), 66-2-338-3333, Fax 66-2-338-3334
Contact us: Nation Internet
File attachment not accepted!