Lower power expenses if PTT pays fines

Regulator states relief might come lateron this year if energy company forks over 4.7 billion baht PUBLISHED : 27 Apr 2024 at 04: 55 A power meter steps use. The energy minister informed the regulator to check whether there were more fines for gas deficiencies as part of efforts to ease electricalenergy costs. The Energy Regulatory Commission (ERC) is preparation to lower power costs near the end of this year if nationwide oil and gas corporation PTT Plc pays fines worth 4.7 billion baht that it supposedly gathered from gas providers who did not comply with gas purchase agreements. The fines are state procedures intended at minimizing electricalpower costs, according to a source at the Energy Ministry who askedfor privacy. PTT revealed late last year that it charged a gas provider 4.3 billion baht for stoppingworking to provide a specific quantity of gas as needed by cont
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