Loan Screening Board to meet Nov 13; EV and Pickup projects delayed

Thansettakij•Economy•1h ago

Reader Briefing

The Loan Screening Committee will meet on November 13 to consider energy transition projects while delaying pickup truck and electric motorcycle initiatives.

•The Loan Screening Committee chaired by Lavaron Sangsnit will meet on November 13.
•Around 70 projects may be rejected for not meeting specified conditions.
•The Old Car for New Pickup project and the Double Plus Electric Motorcycle project are currently pending subcommittee review.

Overview

•The Loan Screening Committee will hold a meeting on November 13.
•Lavaron Sangsnit, Permanent Secretary of the Ministry of Finance, will chair the meeting to consider new projects requesting loans for energy transition.
•Approximately 70 projects may not be approved because they do not meet the specified conditions.
•The Old Car for New Pickup project of the Excise Department is not yet under consideration as it is being reviewed by the Energy Screening Subcommittee.
•The Old Car for New Pickup project has a budget of over 6,000 million baht and aims to provide 40,000 baht per vehicle for 150,000 Thai individuals aged 20 or older.
•The Double Plus Electric Motorcycle project, also known as 'Kon La Kan Plus', is pending review by the Energy Screening Subcommittee.
•The Double Plus Electric Motorcycle project has a budget of 6,800 million baht to subsidize 400,000 domestically produced electric motorcycles at 10,000–20,000 baht per vehicle.
•The Double Plus Electric Motorcycle project aims to reduce fuel use and accelerate the transition from internal combustion engines to electric motorcycles.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Entities

Organization

Loan Screening Committee(คณะกรรมการกลั่นกรองการใช้จ่ายเงินกู้)

The committee responsible for screening the use of loans under the emergency decree for energy crisis resolution.

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government ministry overseeing the loan screening process.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

The government ministry submitting projects for loan consideration.

Excise Department(กรมสรรพสามิต)ℹ️

The department proposing the Old Car for New Pickup project.

Energy Screening Subcommittee(คณะอนุกรรมการกลั่นกรองด้านพลังงาน)

The subcommittee currently reviewing the details of the pickup truck and electric motorcycle projects.

Law

Emergency Decree Empowering the Ministry of Finance to Borrow Funds for Energy Crisis Resolution and Energy Transition 2026(พระราชกำหนดให้อำนาจกระทรวงการคลังกู้เงินเพื่อแก้ไขปัญหาวิกฤตด้านพลังงานและสร้างการเปลี่ยนผ่านด้านพลังงาน พ.ศ. 2569)

The law providing the authority for the Ministry of Finance to borrow funds for energy crisis and transition issues.

Person

Lavaron Sangsnit(ลวรณ แสงสนิท)

Permanent Secretary of the Ministry of Finance and chairman of the Loan Screening Committee.

Policy

Old Car for New Pickup Project(โครงการรถเก่าแลกรถกระบะใหม่)

A project providing 40,000 baht subsidies to Thai citizens to exchange old cars for new pickup trucks.

Electric Motorcycle Transition Support Project(โครงการสนับสนุนการเปลี่ยนผ่านรถมอเตอร์ไซค์ไฟฟ้า)

A project also referred to as 'Kon La Kan Plus' to support the shift to electric motorcycles.

Double Plus Electric Motorcycle Project(โครงการรถจักรยานยนต์ไฟฟ้าดับเบิ้ลพลัส)

A 6,800 million baht project providing subsidies for domestically produced electric motorcycles.