Key Factors Affecting Energy Costs and Electricity Bills in 2024
Key Points The amount of gas in the Gulf of Thailand is produced according to the contract on April 1, 2024, helping to reduce the cost of electricity generation. EGAT is burdened with outstanding FT fees of more than 100 billion, proving how much the government will pay back. Government policy is another important variable […]
Analysis of Government’s Adjustment to Gas Price Structure and Its Impact on PTT’s Operating Results
The broker evaluates the government’s adjustment to the gas price structure. To reduce electricity costs for the period January-April 2024, it will affect PTT’s operating results by approximately 20 billion baht per year. Highlighting the fact that there is another risk of government intervention. Most recently, PTT shares fell 2.19%, the highest volume in the […]
PTT Ordered to Pay 4.3 Billion Baht in Gas Deficiency Costs by Energy Regulatory Commission
The Energy Regulatory Commission rejected PTT’s appeal and ordered it to pay “deficiency” costs of 4.3 billion baht in gas supply. From the Erawan field, the amount is not complete as per the contract at the end of 2021-22 in order to bring money to support the electricity bill for the period January-April 2024, which […]
Minister of Energy’s Generosity: New Year Gifts and Reduced Prices for Thai People
The Deputy Speaker “Rudklao” reveals that the Minister of Energy is kind. Add New Year gifts to Thai people, reduce electricity bills, not increase retail prices of all types of gasoline for 10 days, reduce prices on many electrical appliances. Today (22 December) Mrs Radklao Inthawong Suwankiri, Deputy Spokesperson of the Prime Minister’s Office, revealed […]
SC Asset CEO Calls for Government Focus on Overall Economy, Expresses Confidence in Real Estate Sector
SC Asset CEO Hopes for Government Stimulus to Revive Economy Nattapong Kunakornwong, the CEO of SC Asset Corporation Public Company Limited, expressed his hopes that the new government would prioritize stimulating the overall economy to benefit the real estate sector. However, he stressed the need for clarity regarding the labor shortage and suggested easing the […]
IEA Reveals OPEC+ Pressure on World Oil Market and China’s Stance on Foreign Brand Mobile Phones
Economic World Summary Thursday, September 14, 2023 This morning, during the live program “Economic World Summary”, several significant updates were shared regarding the global economy. Break 1: The International Energy Agency (IEA) has disclosed that OPEC+ is exerting pressure on the world oil market. China has confirmed that there are no laws prohibiting the use […]
Government Announces Urgent Policy to Reduce Energy Costs and Electricity Bills
Government Announces Urgent Policy to Reduce Energy Costs The Prime Minister and Minister of Finance, Mr. Settha Thavisin, introduced a new government policy to Parliament on September 11. This policy aims to immediately alleviate the burden of high energy costs on the public. One of the key focuses of this policy is to reduce electricity […]
Bangchak Corporation’s Acquisition of Esso Thailand Sets Path for 500 Billion Baht Revenue Growth
BCP Speculates 500 Billion Baht After Acquiring Esso The executives of Bangchak Corporation recently held a press conference to discuss their latest business venture. Following the successful acquisition of ordinary shares in Esso (Thailand), Bangchak Corporation is now focused on further expanding their operations. The company is eager to explore investment opportunities in another refinery, […]
1 week the government moves on ‘Power plant stocks – contractors’, how much has the price dropped?
Political issues continue to heat up. After stepping a long way, announcing to become a leader in establishing the government But there is still uncertainty in the support. As a result, the Thai stock market continued to decline. Especially foreigners who sell out first to wait to see the clarity. At the same time, power […]
Keep an eye on reducing the ‘electricity bill’ Which stocks benefit – lose benefits?
as shared in the online world In some homes, the electricity bill has more than doubled. After this year, the weather is very hot. In many areas, temperatures exceeded 40 degrees Celsius, increasing the demand for electricity. One issue that was much discussed was Why do you use the same light? But the electricity bill […]
