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Friday, May 10, 2024

Reduced B10bn power subsidy needs EC approval

Visitors enoy the Metropolitan Electricity Authority light and sound show at the Thai Electricity Museum in Phra Nakhon district of Bangkok in December last year. (Photo: Pattarapong Chatpattarasill)

The caretaker cabinet will submit a new proposal for a reduced, unbudgeted 10.464 billion baht subsidy on household power bills to the Election Commission for approval, 648 million baht less than the one rejected by the regulator.

The first proposal was for a 11.112 billion baht subsidy, drawn from the government’s central fund.

In rejecting the proposed subsidy last week, the EC said the supporting document had failed to include mention it stemmed from a cabinet resolution.

Anucha Burapachaisri, acting government spokesman, said the…

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