The Thai government has approved the establishment of a regulatory body to oversee the power industry in that country, once the Electricity Generating Authority of Thailand (EGAT) has been privatised. EGAT will be listed on the Thai stock exchange later this year.
The new regulator will be known as the Board of Commission, and will be made up of seven government officials, who have not yet been named. Its duties will be to set terms and conditions for investment in electricity production, as well as price structures. EGAT will, however, continue to be the sole purchaser of electricity, and the holder of generation and transmission rights.
100,000th industrial meter installed (US/Asia)
Meter manufacturer Actaris has installed 100,000 of its ACE SL7000 meters for the industrial sector – and the 100,000th was designated for PLN, the Indonesian electricity utility. The ACE SL7000 meter is a multi-function three-phase electricity meter that supports real-time data collection and other two-way network applications. PLN is installing these meters as part of its automatic meter reading project in Jakarta and Tangerang.
Commercial sales of the ACE SL7000 began at the end of 2000, and since then Actaris has won customers in Europe, Asia, South America, Africa and the Middle East.