New Thai government says it won’t privatize the electricity industry


Thailand FlagBangkok, Thailand — (METERING.COM) — October 12, 2006 – The new government of Thailand, which has undertaken to seek only a one-year term of office, with nationwide elections taking place thereafter, has said it does not intend to privatize the Electricity Generating Authority of Thailand (EGAT).

EGAT’s privatization has been mooted for several years, but protests and strikes by the authority’s employees have caused delays, as has a legal finding that ruled against the listing of the utility on the Thai Stock Exchange.

However, the temporary government has said it will embark on the preparation of laws to regulate both the electric and the gas sectors. It will also investigate the development of cost-effective renewable energy measures.