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ERC sets new deadline for bid winners
published : 16 Mar 2021 at 04:00
The Energy Regulatory Commission (ERC) has set next Monday as the deadline for 14 winners in the auction of the 2017 Small Power Producer Hybrid Firm, a renewable power scheme, following failure to sign power purchase agreements (PPAs) with the Electricity Generating Authority of Thailand (Egat).
The bidding, which was carried out in December 2017, saw a total of 17 winners, but only three firms signed PPAs with Egat.
Last year, ERC allowed for a further delay due to lockdown measures which restricted travel.
ERC secretary-general Khomgrich Tantravanich said if they do not meet the deadline, they will be blacklisted, so unable to participate in future ERC projects.
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