Egat goes full steam ahead on expansion | Bangkok Post: business

Business > News

Egat goes full steam ahead on expansion

- +

The Electricity Generating Authority of Thailand (Egat) is pushing forward its 303-billion-baht budget for building power facilities between now and 2017. 

Egat governor Sutat Patmasiriwat said funding will come from various sources including bonds and bank loans, as Egat's debt-to-equity ratio is only 0.5 times.

"We expect to use our operating cash and accumulated profit for about 50% of the total investment, with the rest from loans and bonds," he said.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments