Showing 91 - 100 of 471
TPIPP aims to be coal-free power generator by 2025
Business, Yuthana Praiwan, Published on 02/12/2021
» SET-listed TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy (WTE) project developer and operator by capacity, has vowed to become a coal-free power generation company by 2025 with plans to replace fossil fuels with refuse-derived fuel (RDF).
Why is China's growth rate falling so fast?
Asia focus, Published on 01/12/2021
» In early 2021, the consensus forecast for Chinese gross domestic product (GDP) growth this year among 25 major global banks and other professional forecasters was 8.3%. In contrast, the Chinese government's own target was around 6%.
Merger a disaster
Oped, Postbag, Published on 26/11/2021
» Re: "Telecom mega-merge faces hurdles," (Business, Nov 23) and "Mobile merger seen as perilous," (Business, Nov 24).
Diesel price to fall after change of blend
Business, Yuthana Praiwan, Published on 25/11/2021
» The price of diesel will fall below 28 baht per litre after energy officials decided to reduce the proportion of palm oil-derived methyl ester to only 7% and postponed the 10% and 20% methyl ester blended diesel from next month to March 2022.
Power bills poised to rise 4.6% in early 2022
Business, Yuthana Praiwan, Published on 20/11/2021
» Power bills are set to increase by 4.6% from January to April next year to an average of 3.78 baht per kilowatt hour (unit) as Thailand needs to import costly liquefied natural gas (LNG) for electricity generation, says the Energy Regulatory Commission (ERC).
Ratch expects new assets to boost revenue in 2022
Business, Yuthana Praiwan, Published on 16/11/2021
» Ratch Group Plc, Thailand's largest private power generator by capacity, expects its revenue to grow by 10-15% next year, thanks to new power stations and asset acquisitions, under a growth plan which will exclude coal-fired power plant projects.
Banpu reports strong 3Q performance results with proven path to demonstrate substantial growth in greener energy portfolios
Published on 12/11/2021
» Banpu Public Company Limited, a leading international versatile energy provider, announced satisfactory business performance results in the third quarter of 2021 with a strong cash flow. The revenue from sales totalled USD 1,161 million (approximately THB 38,218 million), an increase of 147% from the same period last year. Earnings before tax, interest, depreciation, and amortisation (EBITDA) totalled USD 530 million (approximately THB 17,432 million), an increase of 72% from the same period last year. The Company recorded a net profit of USD 106 million (approximately THB 3,489 million), an increase of 763% compared to the same period last year. The growth momentum was driven by the increase in coal and natural gas prices due to economic recovery in many countries in the wake of the COVID-19 pandemic, leading to increasing energy demand in the manufacturing sector and household consumption. The Company is also determined to enhance the Banpu Ecosystem on an integrated steady path to deliver Smarter Energy for Sustainability to all stakeholders.
Not just empty words, hopefully
Asia focus, Nareerat Wiriyapong, Published on 08/11/2021
» Countries across the world orchestrated similar commitments last week with the aim of reversing the adverse impacts of the greatest threat facing humanity today, which is climate change.
Ratch, Sahacogen ink deal
Business, Yuthana Praiwan, Published on 30/10/2021
» Ratch Group Plc, Thailand's largest private power generator by capacity, continues to expand its electricity generation capacity by acquiring a 51% share in Sahacogen (Chonburi) Plc, the power generation arm of Saha Group Plc, a major consumer goods distributor and manufacturer, at a cost of 3.4 billion baht.
Ratch approves plan to acquire 2 plants from PE
Business, Yuthana Praiwan, Published on 23/10/2021
» Shareholders of SET-listed Ratch Group have approved a plan to acquire two coal-fired thermal power plants, with combined capacity of 2,045 megawatts, from PT Paiton Energy (PE) in Indonesia, as part of its move to increase electricity generation capacity to 10,000MW within 2025.