New 'Lateral Leader' takes helm at egat | Bangkok Post: business

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New 'Lateral Leader' takes helm at egat

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'Our research and development mainly focuses on improving energy usage to make it more effective. The more Thai people use electricity in an efficient way, the less fuel or other sources of power we will need to use," says Soonchai Kumnoonsate, the new governor of the Electricity Generating Authority of Thailand. "This kind of approach makes us different from private corporations that utilise R&D in order to increase revenue and profit. 

"Egat has a clear policy on innovation and R&D in order to replace imports of electrical power technologies (including materials and equipment), contribute to peak cuts or improved energy efficiency and support social research for the quality development of community life around Egat's power plants," says the 35-year Egat veteran, who assumed the top spot at the state enterprise on July 31.

Innovation initiative: "As a public organisation, we have an obligation to serve Thai society. This year, we have various ongoing R&D projects valued at around 300 million baht. It is in our policy framework to set aside 3% of income before tax for R&D both by our own internal business unit and also external organisations, which are mainly universities and academic institutions. We are in the process of reviewing and completing our R&D roadmap at this moment."

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