RATCH suggests that the government moves forward to negotiate instead of amending the IPP contract.

Bangkok, May 15-Ratch Group suggests that the government has advanced Negotiate power plants instead of amending IPP contracts to reduce electricity costs, recommending focusing on new contracts.

Mr. Sakarin Tangkawachiran Executive Vice President of Business Development RATCH Group Public Company Limited mentions the policy to reduce electricity bills of the Progressive Party. That will reduce the cost of “ready to pay” fees that are given to the power plant. amended the power purchase agreement from the Independent Producer Project (IPP) to make the electricity price cheaper, saying that it should be a negotiation for GAP lower price level rather than amending the contract because both IPPs and SPPs in our house do not have only Thai companies. There are also foreign and various funds Therefore, to amend the contract that the government has already signed. is not easy

However, it can be negotiated. for the benefit of the public and does not affect the private sector much The private sector is not damaged or lost at all, it can be done. But the government should move forward more. Because power plants that have signed contracts must have an expiration date of the contract. Therefore, the focus should be on the upcoming new contract instead. But if the requirements are too strict, it may cause no one to dare to invest in our home. Therefore, there must be a proper fit.

As for the ft electricity bill, I think that our house still needs to be there. To be a regulator of fuel costs, as in many countries that have a regulator of electricity costs. in order not to let the people in trouble which has been adjusted according to the cost situation While the country’s investment can continue without interruption. However, it must reflect the cost of production of both public and private power producers. so that the problem does not return to the country.–

Source: Thai News Agency