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BUSINESS

Avaada wins solar farm bid

Business, Yuthana Praiwan, Published on 11/04/2023

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to grow its renewable business in India after its subsidiary Avaada Energy Private (Avaada) won an auction for a 421-megawatt solar farm project in the country.

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BUSINESS

PTT's power generation arm GPSC to build solar farm in India

Yuthana Praiwan, Published on 10/04/2023

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to grow its renewable business in India after its subsidiary Avaada Energy Private (Avaada) won an auction for a 421-megawatt solar farm project in this country.

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BUSINESS

Demco keen on expansion in renewable energy sector

Business, Yuthana Praiwan, Published on 08/04/2023

» SET-listed Demco, a contractor and engineering service provider, is expanding its clean energy business following diversification into this sector by joining the government's promoted renewable power development scheme.

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BUSINESS

Renewables scheme targets new firms

Business, Yuthana Praiwan, Published on 08/04/2023

» The Energy Regulatory Commission (ERC) is encouraging companies not selected for power projects under its 5.2-gigawatt renewables scheme to participate in the second phase after the general election.

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BUSINESS

BCPG spends $260m on US power stake

Business, Yuthana Praiwan, Published on 04/04/2023

» SET-listed BCPG Plc, the power generation arm of Bangchak Corporation, will acquire shares worth US$260 million in Hamilton Holdings II LLC to further expand its gas-fired power plant business in the US.

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BUSINESS

Cost of diesel to be cut this week amid falling global oil prices

Yuthana Praiwan, Published on 03/04/2023

» The domestic diesel price is to be cut to 33 baht a litre this Friday, down from 33.5 baht a litre, as global oil prices keep falling, says the Oil Fuel Fund Office (Offo).

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BUSINESS

BCPG spends $260m on US power stake

Yuthana Praiwan, Published on 03/04/2023

» SET-listed BCPG Plc, the power generation arm of Bangchak Corporation, will acquire shares worth US$260 million in Hamilton Holdings II LLC to further expand its gas-fired power plant business in the US.

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BUSINESS

UAC sells 70% share to Italy's Icap-Sira

Business, Yuthana Praiwan, Published on 29/03/2023

» UAC Global Plc, a chemical trader and clean power operator, is steering away from its chemical business by selling a 70% share, worth 101.2 million baht, in its UAC Advance Polymer and Chemical Co to an Italian firm expanding its business into Asean.

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BUSINESS

UAC Global moving away from chemicals

Yuthana Praiwan, Published on 28/03/2023

» UAC Global Plc, a chemical trader and clean power operator, is steering away from its chemical business by selling a 70% share, worth 101.2 million baht, in its UAC Advance Polymer and Chemical Co to an Italian company expanding into Asean.

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BUSINESS

Egco completes US power acquisition

Business, Yuthana Praiwan, Published on 28/03/2023

» Electricity Generating Plc (Egco), the power generation arm of Electricity Generating Authority of Thailand, has completed the acquisition of a 49% stake from the operator of a gas-fired power plant in Rhode Island as it grows its energy business in the US.