Thailand’s energy minister has declared that his country plans to buy 20000 MW of electricity from neighbouring countries once agreements on power supply are updated.
The southeast Asian nation wants to reduce dependency on natural gas and Energy Minister Pongsak Raktapongpaisal said existing MoU are set to be renewed to bring about the necessary increase in supply from Laos and Myanmar which produce power mostly from hydroelectric and coal-fired plants.
The Banghok Post reports that a decade ago, Thailand signed a memorandum of understanding (MoU) to purchase 1,500 MW of electricity from Myanmar and 7,000 MW from Laos.
Under the revised Power Development Plan, covering 2010 to 2030, supply from neighbouring countries is limited to 20 per cent of total power generation.
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