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Bangkok Post
Bangkok Post
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HISTORICAL FACTS: An egat shakeup is long overdue - The Untold Story

News of the Electricity Generating Authority of Thailand (Egat) signing a power purchase deal for the planned Pak Lay dam in Laos last week almost slipped under the radar, such is the media attention lavished on the government's preparations for the next poll.

On March 20, the same day as PM Gen Prayut Chan-o-cha announced the House dissolution ahead of the general election, the state enterprise signed a power purchase contract with Gulf Energy, a Thai company which holds 40% equity in the Pak Lay Power Company, along with Chinese enterprise Sinohydro (Hong Kong) Holding Co (SHK).

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