Nattaporn Jatusripitak, an adviser to the commerce minister, said that of the total investment, Bt47.01 billion would be financed by local borrowings and Bt15.67 billion from the PEA&rsquo;s earnings. 
The project aims to increase capability in distribution of electricity to cope with higher demand, he said.&nbsp; 
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Cabinet approves PEA project 

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Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

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Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;

Cabinet approves PEA project

The Cabinet Tuesday gave a green light to the Provincial Electricity Authority (PEA) to proceed with the first phase of its transmission and distribution system development project with investment worth Bt62.68 billion.

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