Thailand - Yanhee Multipurpose Project

R E S T R I C T E D FILE COPY Report No. P-138 This report was prepared for use within the Bank. In making it available to others, the Bank assumes no responsibility to them for the accuracy or completeness of the information contained herein. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT REPORT AND RECOMMENDATIONS OF THE PRESIDENT TO THE EXECUTIVE DIRECTORS ON THE PROPOSED LOAN TO THE BHUMIPHOL ELECTRICITY AUTHORITY August 13, 1957  INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT REPORT AND RECOMMENDATIONS OF THE PRFSIDENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN TO THE BHUMIJIHOL ELECTRICITY AUTHORITY THAILAND 1. I submit the follovwing report and recounendations on a proposed loan in an amount equivalent to $66 million to the Bhumiphol Electricity Authority for a multipurpose project in Thailand. PART I - HISTORICAL 2. Thailand has suffered from a grave povwer shortage since the end of the war. In the early post-war years the Government began to inves- tigate various thermaland hydroelectric projects to meet this shortage; and finally decided to construct a large hydroelectric plant on the Ping River at Yanhee, 260 miles northwest of Bangkok. This project was chosen because of its large pow