Thailand’s vertically integrated power utility Electricity Generating Authority of Thailand (EGAT) plans to invest around 300 billion baht till 2017 in the development of the country’s power sector. About 200 billion baht would be used for the upgradation of 40-year-old transmission lines, while the remaining funds would go towards the addition of new generation capacity. However, EGAT’s budget does not include the company’s foreign investment, particularly in power plants in Laos and Myanmar. It plans to import a combined 20,000 MW of electricity over the next 20 years.