Finance Ministry does not intend to divest from OR bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
New firms ratified under Egat, MEA
published : 11 Mar 2021 at 04:00
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The State Enterprise Policy Commission approved in principle establishing two subsidiary firms under the state-run Electricity Generating Authority of Thailand (Egat) and Metropolitan Electricity Authority (MEA) to invest in future energy and energy-related R&D and innovations.
According to Pantip Sripimol, director-general of the State Enterprise Policy Office (Sepo), Egat will form a joint venture with Electricity Generating Plc (Egco), an Egat subsidiary, and Ratch Group Plc to set up a new firm.
The name has not been determined, and the new firm has registered capital of 2 billion baht that is 40% held by Egat, with 30% each held by Egco and Ratch Group.
Four mega-infrastructure development projects, worth a combined 160 billion baht, will be developed this year under the public-private partnership (PPP) arrangement, says the State Enterprise Policy Office (Sepo).
State Enterprise Policy Office announces 4 PPP megaprojects bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.