ERC cuts electricity tariff by 7.7%

The fuel tariff (Ft) in monthly electricity bills from May to August will be trimmed by 28.49 satang a kilowatt-hour (unit) or 7.7% because of a decline in power-generating costs, says the Energy Regulatory Commission. Source: Business

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Banpu makes first investment in US shale

Banpu Plc, Thailand’s largest coal miner, said on Wednesday it had spent US$112 million to buy a 29.4% stake in the Chaffee Corners Joint Exploration Agreement (JEA), a shale gas operation in the US state of Pennsylvania. Source: Business

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