Piyasvasti Amranand
Encyclopedia
Piyasvasti Amranand (born 11 July 1953) was Thailand
's Energy Minister between 9 October 2006 and 6 February 2008. He is former Secretary-General of the Thai National Energy Policy Office, Chairman of Kasikorn Asset Management and Chairman of Panel of Advisors for CEO of Kasikornbank. His current position is President of Thai Airways International
.
During the 1990s, Piyasvasti played a key role in deregulating and privatizing a number of energy-related state enterprises like PTT
and power generation business.During his term as Energy Minister he implemented wide ranging reforms in the energy sector, for instance end of oil price subsidy and repayment of oil fund's massive debt due to the previous government' s subsidy program; implementation of very aggressive policy to promote renewable energy (including biofuels), cogeneration and distributed generation
; adoption of Euro 4 fuel qualities and introduction of vapour recovery systems for petrol stations; adoption of a number of standards and incentive programs for energy efficiency; awards of a large number of petroleum concessions.
Also IPP solicitation; conclusion of a number of power purchase agreements for projects in Lao PDR; establishment of nuclear power program with a target for 4,000 MW of nuclear capacity in 2020-21; and amendment of a number of energy related laws. The most important law to be passed during his term as Energy Minister was the Energy Industry Act to establish an independent regulatory body for electricity and natural gas industry. The law was also the most important factor which saved PTT Public Co., Ltd from being nationalized in the court case brought against the government and PTT by the Consumers Association.
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
's Energy Minister between 9 October 2006 and 6 February 2008. He is former Secretary-General of the Thai National Energy Policy Office, Chairman of Kasikorn Asset Management and Chairman of Panel of Advisors for CEO of Kasikornbank. His current position is President of Thai Airways International
Thai Airways International
Thai Airways International Public Company Limited is the national flag carrier and largest airline of Thailand. Formed in 1988, the airline's headquarters are located in Chatuchak District, Bangkok, and operates out of Suvarnabhumi Airport. Thai is a founding member of the Star Alliance. Thai is a...
.
During the 1990s, Piyasvasti played a key role in deregulating and privatizing a number of energy-related state enterprises like PTT
PTT Public Company Limited
PTT Public Company Limited, PTT PCL, or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the Kingdom, and is involved in...
and power generation business.During his term as Energy Minister he implemented wide ranging reforms in the energy sector, for instance end of oil price subsidy and repayment of oil fund's massive debt due to the previous government' s subsidy program; implementation of very aggressive policy to promote renewable energy (including biofuels), cogeneration and distributed generation
Distributed generation
Distributed generation, also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or distributed energy, generates electricity from many small energy sources....
; adoption of Euro 4 fuel qualities and introduction of vapour recovery systems for petrol stations; adoption of a number of standards and incentive programs for energy efficiency; awards of a large number of petroleum concessions.
Also IPP solicitation; conclusion of a number of power purchase agreements for projects in Lao PDR; establishment of nuclear power program with a target for 4,000 MW of nuclear capacity in 2020-21; and amendment of a number of energy related laws. The most important law to be passed during his term as Energy Minister was the Energy Industry Act to establish an independent regulatory body for electricity and natural gas industry. The law was also the most important factor which saved PTT Public Co., Ltd from being nationalized in the court case brought against the government and PTT by the Consumers Association.