Setting Up Solar Business In Thailand

Private investment in the business of electricity generation in Thailand can be classified into three types based on the total electricity production capacity: (i) IPP (Independent Power Producer), (ii) SPP (Small Power Producer) and (iii) VSPP (Very Small Power Producer) which refer to a private power project generating and selling electricity with the total production capacity exceeding 90 MW, between 10 to 90 MW and less than 10 MW, respectively. What is of particular note in the Thai system is that Thai electricity supply industry is based on a state-owned scheme. Thus, a single buyer of power generated from the IPP and the SPP is the Electricity Generating Authority of Thailand ("EGAT") whereas a single buyer of power generated from VSPP is the Provincial Electricity Authority ("PEA").