Egat looking at energy innovation joint venture
The Electricity Generating Authority of Thailand (Egat) will in June pitch to the Cabinet a plan for an energy innovation joint venture with private partners.
Egat governor Viboon Rerksilathai said Egat proposes to hold a 40-per-cent stake in the venture, with the Ratch Group and Electricity Generating Public Co Ltd holding 30 per cent each.
The state agency’s board approved the plan last month.
The venture, expected to have registered capital of Bt600 million, will be involved in the development of a smart city and smart grid. Some of its capital will be invested in startups via Innospace (Thailand).
