Equity Analysis /
Thailand

Thailand: Utilities - Who wins most from a higher Ft?

  • EGAT’s huge gas cost burden …

  • … means high electricity prices through 2023

  • SPPs will recover, VSPPs will fly

Kijapat Wongmetta
Kijapat Wongmetta

Equity Research Analyst

Bualuang Securities
5 September 2022

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