Thais to enjoy more cut of electricity charge

1 Oct 23:37 Key points summarised by AI

The Thai Cabinet approved a further reduction in the electricity rate to 3.99 baht per unit, effective from September's billing cycle.
This decision follows Prime Minister Srettha Thavisin's directive to explore additional cuts after an initial reduction from 4.45 to 4.10 baht/unit.

Thailand secures US$200m World Bank loan for clean energy and low carbon cities

Today 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).