Two groups are favorites to win Thai power deals
Article Abstract:
Observers consider a consortium including Texaco Inc. and another including Unocal Corp. and Westinghouse Electric Corp. to be the leading candidates in the first round of Thailand's power privatization program. European and US companies are keenly interested in Thailand's power privatization program, which is widely regarded as one of the biggest in the world. The first stage of the program calls for up to 1,380 megawatts to be delivered starting in the year 2000.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Thai Petrochemical questions integrity of bidding process for power projects
Article Abstract:
Thai Petrochemical Industry PCL (Thai Petrochemical) has accused the Electricity Generating Authority of Thailand (EGAT) of favoritism in the bidding process for the country's $4 billion power privatization program. Thai Petrochemical stated that EGAT officials provided certain bidders with key information that gave them an undue advantage in the bidding. The company has called on EGAT to conduct a new, more transparent bidding process.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Deregulation, clearer rules can power economy
Article Abstract:
China's booming economy is boosting energy demand across the country and triggering demands for a reform of the state-controlled energy pricing system that discourages investment in the exploration and production of primary energy sources such as oil and natural gas. The government is also facing demands for clear guidelines on foreign investment in power plants.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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