Thailand's Egat trims capital spending plans

The Electricity Generating Authority of Thailand (Egat) will cut capital outlays almost 15% between 2003-2006 under revisions to its long-term investment plan. Capital spending in the period would be trimmed to 144 billion baht ($3.18 billion US) from 170 billion baht, said senior officials of the Thai state power utility which controls 75% of the country's combined installed capacity.

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