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dam-l LS: Egat can save Bt150m a year

>The Nation / 16 October 1999
>
>Business
>Egat can save Bt150m a year
>
>   THE Electricity Generating Authority of Thailand (Egat) 
>would save Bt150 million per annum as a result of the 
>renewed terms of the two power purchase contracts it 
>recently agreed with the Laotian government 
>representatives, the power authority said.
>   Under the new tariff agreement, Egat has agreed to buy 
>electricity from Laos' Nam Ngum and Nam Luk dams at an 
>average price of Bt1.22 per kilowatt-hour during peak hours 
>between 6 am and 9.30 pm from Monday to Saturday and at 
>Bt1.22 at off-peak times. The off-peak tariff is the same 
>as the rate Egat is providing for domestic Small Power 
>Producers (SPP) under the non-firm supply contracts.
>   The negotiations between Egat and the Laotian government 
>over the new pricing terms came as the 12-year electricity 
>sales contract came up for price renewal -- allowed every 
>four years -- and because of the impact from the 
>depreciation of the baht.
>   Since the baht plunged to Bt40 to the dollar compared to 
>Bt25 before the economic crisis, the amount Egat paid for 
>the electricity imported from the two Lao-based dams had 
>gone up to Bt1.50 per KwH from Bt0.98.
>   Under the new terms, electricity tariffs will be fixed 
>at the above baht rates but the payment will be made in 
>dollars, based on the exchange rate on the date of 
>transfer.
>   "The Lao power authority representatives accepted the 
>new tariff proposal for consideration by the Laotian 
>government," said Egat deputy governor Sitthiporn 
>Rattanopas.
>   The new electricity tariff formula, which retroactively 
>came into effect from Oct 1, will also be used for 
>electricity imported into Laos from Thailand. 
>
>
BKK Post / 16 October 1999 

ELECTRICITY /PURCHASES FROM LAOS
Power agencies agree on new conditions 
Change to save Egat B150m per year

   The state power utilities of Thailand and Laos have 
reached an agreement in principle to amend terms of the 
electricity purchased from two Laotian hydro-power 
stations.
   If approved by the Laotian government, the change would 
save about 150 million baht a year for the power bills the 
Electricity Generating Authority of Thailand (Egat) pays 
Electricite du Laos over a four-year contract period 
starting this month.
   The contract has a lifespan of 12 years and pricing is 
subject to revision every four years.
   The amendment, covering power delivered from the Nam 
Ngum and Nam Luek dams at the level of 600 million units a 
year, would reduce the annual payment to about 700 million 
baht a year from 850 million under the previous terms, said 
Sitthiporn Ratanopas, Egat deputy governor for policy and 
planning.
   The amendments involve a change in the timeline for the 
tariff during peak periods and take into consideration the 
new exchange rate between the baht and the US dollar on 
which the power is paid.
   The new formula calls for Egat to pay an average of 1.22 
baht per unit for the peak period from 6pm to 9.30pm Monday 
to Saturday. Power during off-peak periods from the two 
Laotian schemes will be priced at an average of 1.14 baht a 
unit, the non-firm tariff rate Egat pays small power 
producers in Thailand.
   Though Vientiane has yet to give final endorsement to 
the amendment, Egat has unilaterally used the newly amended 
terms as the basis for paying for the electricity. 
 


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Aviva Imhof
South-East Asia Campaigner
International Rivers Network
1847 Berkeley Way, Berkeley CA 94703 USA
Tel: + 1 510 848 1155 (ext. 312), Fax: + 1 510 848 1008
Email: aviva@irn.org, Web: http://www.irn.org
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