Fri, December 7, 2007 : Last updated 21:40 hours
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ENERGY BIDDING
Four companies awarded IPP contracts
Siam Energy Co Ltd, Power Generation Supply Co Ltd,G Gheco-One Co Ltd, and National Power Supply have won the Energy Ministry's bid to build power plants with combined capacity of 4,400 megawatts.
Deputy Prime Minister Kosit Panpiemras said after chairing the National Energy Policy Committee's meeting on Friday that the bidders won with the offered electricty price range between Bt2.135-Bt2.648 per unit.
All the output would be sold to the Electricity Generating Authority of Thailand.
The first two companies are units of Japan's sole wholesale power utility Electric Power Development Co or J-Power. Gheco-One is a unit of Glow Energy and National Power Supply is owned by Advance Agro Plc.
The first two will build coal-fired power plants while the other two will use natural gas as fuel.
The Energy Ministry originally targeted to award the generating of only 3,200MW.
- The Nation
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