Friday, September 20, 2019

Energy minister ties up with PTT to lower energy costs

Aug 26. 2019
Sontirat Sontijirawong
Sontirat Sontijirawong
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By The Nation

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Energy Minister Sontirat Sontijirawong is collaborating with PTT Plc to find ways of reducing the cost of electricity for small and medium enterprises (SMEs). 

“We believe we should be able to announce some measures in September,” the minister said, adding that the aim will be to make electricity cheaper for SMEs, so they are not burdened by high production costs. 

“We cannot say what kind of measure it will be, but we have an idea and it has to be discussed with PTT before we decide how to implement it,” he said. 

The Energy Ministry is also working with the Finance Ministry on special measures for the low-income strata that will be implemented through the state welfare card. 

Under these measures, welfare card holders will be divided into two groups: disabled people who cannot work, and people employed as taxi drivers, motorcycle taxi drivers and chauffeurs. The first group will require a subsidy on electricity, while the second group will require a reduction in energy costs, he said. 

PTT Plc is currently helping the second group by reducing the price of natural gas for vehicles (NGV), he said.

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