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Home » Former finance minister Korn Chatikavanij raised the pressure on Deputy Premier and Energy Minister Supattanapong Punmeechaow on Thursday.
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Former finance minister Korn Chatikavanij raised the pressure on Deputy Premier and Energy Minister Supattanapong Punmeechaow on Thursday.

Supattanapong has the authority to restructure the production costs of the Electricity Generating Authority of Thailand (Egat), according to Korn, who is the deputy prime minister in charge of the Finance Ministry.

He said, “He can assist with Egat’s cost structure, rather than shifting the responsibility to the people.

Formerly a prominent Democrat, Korn is now the leader of the Chart Pattana Kla Party and its candidate for prime minister.

Supattanapong had already questioned Korn’s idea that the fuel price (FT), which is currently 0.93 baht per unit and is used to determine electricity rates, should be decreased to zero for the three-month hot season.

Supattanapong asserted that the FT represented the price of fuel used to produce electricity.

He noted that it would be too expensive to subsidize everyone, therefore the government is concentrating on assisting vulnerable populations. Korn rejected this claim.

 He said during an election rally in Roi Et that the current power price of 4.72 baht per unit is excessive given the price of imported liquefied natural gas has decreased and the baht has strengthened.

According to him, the government is burdening consumers rather than lowering the price of electricity.

According to Korn, removing the FT charge for three months will not only make electricity less expensive, but it will also more accurately reflect the costs of production. He added that his party’s call to temporarily abolish the FT price was made after serious consideration.

I am well-versed in financial and monetary ideas, he declared.

After that, he addressed Supattanapong, saying, “You have to answer to the public about how you will take responsibility for the expensive cost of electricity.”

You are the political party’s leader of the economic team, the deputy prime minister in charge of economic issues, the energy minister, and the party’s nominee for prime minister, Korn continued.

He was one of the first elected officials to bring up the subject of high electricity costs, which has turned into a political minefield for Prime Minister Prayut Chan-o-cha and his administration.

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