OECD supports Thailand’s accession to the organisation in 2028
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Government to resubmit proposal to fund help with domestic power bills
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Government to resubmit proposal to fund help with domestic power bills
21 Sept 04:18Key points summarised by AI
The Thai government will resubmit an 11 billion baht proposal to the Election Commission (EC) to subsidize household electricity bills from May to August, targeting homes using under 300 units per month.
This initiative follows an initial rejection by the EC due to a lack of cabinet approval, while EGAT affirms its commitment to managing electricity generation with low-cost fuel to minimize consumer impact.
Thailand secures US$200m World Bank loan for clean energy and low carbon cities
Today 09:24Key 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).