Saturday, September 26, 2020

Community-based power plan draws wide interest

Sep 24. 2019
Energy Minister Sontirat Sontijirawong
Energy Minister Sontirat Sontijirawong
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By THE NATION

Many private investors have expressed interest in the community-based electricity generation scheme, part of the government's "One Community, One Project" initiative, said Energy Minister Sontirat Sontijirawong yesterday (September 23).

Speaking at a seminar, he claimed that private operators had so far pledged to invest a total of about Bt200 billion in "One Community, One Project".

Sontirat did not provide details on the amounts of capital needed or pledged for each individual undertaking from interested parties.

The event, titled "The Next Thailand 4.0, The Way Out for Thailand's Economy, Braving Global Economic Crisis", was co-hosted by the Industry Ministry.

Sontirat said details of the investment models would be worked out in the next two months for the project to kick off early next year.

With regard to the community-based power plants, it is expected a maximum of 1,000 will be built with the smallest generating lower than 10 megawatts of electricity.

Sontirat also floated two ambitious ideas for making Thailand the trading hub of electricity and Liquefied Natural Gas (LNG) in the region.

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