The BOI will coordinate with key utilities, including the Energy Regulatory Commission (ERC) and various electricity authorities, to streamline processes and ensure the rapid provision of clean energy.
Unlocking B480 Billion in Stalled Projects
Narit Therdsteerasukdi, secretary general of the BOI, confirmed that 80 large-scale projects, valued at 480 billion baht ($13.7 billion USD), have been selected for immediate attention.
These projects, many approved between 2023 and 2025, are primarily stalled due to limitations in the electricity transmission network, industrial land acquisition problems, issues with visas and work permits, and delays in obtaining business licenses.
The BOI’s dedicated case-by-case resolution efforts have already enabled 40 projects (worth 148.5 billion baht, or $4.2 billion USD) to secure clear plans to proceed, leaving 40 more projects to be fast-tracked under the new mandate.
Focus on Power, Land, and People
The Cabinet approved specific measures targeting these bottlenecks:
To address the Electricity Transmission System and Clean Energy, the ERC must rush to issue regulations for collateral requirements to facilitate grid expansion and green energy deployment.
Specifically, they must finalise rules for the Utility Green Tariff Type 2 (UGT2) and the pilot Direct Renewable Energy Power Purchase Agreement (Direct PPA) scheme by December 2025, while the electricity authorities expedite power supply confirmation for data centres.