Thailand's energy minister Akana Promphan said that Thailand will liberalize competition in the power industry and create more opportunities for small power generation companies to sell electricity. Arcana said at a conference on Wednesday that the new power development plan will ease competition restrictions and allow small and medium-sized players in the market, including individuals, to bid for power generation project licenses. He said that in the past, the bidding process for new power plants was more biased towards large producers with strong financial strength. As long as the technology meets the standards, manufacturers can participate in the bidding with reasonable electricity prices.

Thailand's energy minister Akana Promphan said that Thailand will liberalize competition in the power industry and create more opportunities for small power generation companies to sell electricity. Arcana said at a conference on Wednesday that the new power development plan will ease competition restrictions and allow small and medium-sized players in the market, including individuals, to bid for power generation project licenses. He said that in the past, the bidding process for new power plants was more biased towards large producers with strong financial strength. As long as the technology meets the standards, manufacturers can participate in the bidding with reasonable electricity prices.