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Cabinet to seek approval for ฿11Bn to subsidise domestic electricity charges

13 Sept 13:30 Key points summarised by AI

The Thai cabinet will seek ฿11.1 billion from the Central Fund for emergency use to subsidize household electricity charges from May to August, requiring approval from the Election Commission.
The subsidy targets households consuming up to 500 units per month, providing discounts to 18.36 million homes using under 300 units and an additional 23.4 million homes consuming between 301 and 500 units.

Yesterday 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).