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BUSINESS

Record-high electricity price rise approved

Yuthana Praiwan, Published on 15/08/2022

» The Energy Regulatory Commission (ERC) has approved an 18% rise in the price of electricity for the September-December quarter, to a record-high 4.72 baht per kilowatt hour (unit).

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BUSINESS

Prayut cancels planned power tariff hike

Business, Yuthana Praiwan, Published on 02/08/2022

» A new higher power tariff is to be postponed following an intervention by Prime Minister Prayut Chan-o-cha to curb rising living costs, says a source at the Energy Ministry.

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BUSINESS

PM postpones power price hike

Yuthana Praiwan, Published on 01/08/2022

» Prime Minister Prayut Chan-o-cha has ordered the Energy Regulatory Commission to postpone its planned increase in the cost of electricity next month, according to an informed source.

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BUSINESS

PTT signs 20y LNG purchase contract

Yuthana Praiwan, Published on 27/07/2022

» National oil and gas conglomerate PTT Plc has signed a 20-year purchase contract for liquefied natural gas (LNG) with Cheniere Energy Inc, a subsidiary of US-based Corpus Christi Liquefaction LLC.

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BUSINESS

Refiners deny profit tally

Business, Yuthana Praiwan, Published on 21/06/2022

» The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, has insisted the current gross refinery margin (GRM) is reasonable, rebutting an accusation that oil companies are overcharging customers for refined oil.

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BUSINESS

Ratch closing in on new acquisitions

Business, Yuthana Praiwan, Published on 15/05/2021

» SET-listed Ratch Group expects to conclude its 7-billion-baht purchase of new power generation assets soon offering 350 megawatts of capacity, strengthening its status as the largest private power producer by capacity.

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BUSINESS

Regulator expected to extend subsidy on electricity bills

Business, Yuthana Praiwan, Published on 05/05/2021

» Energy authorities are preparing to extend the power discount period for households and businesses to reduce monthly expenses during the third wave due to work-from-home orders.

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BUSINESS

FTI warns of energy impact on exports

Business, Yuthana Praiwan, Published on 23/02/2021

» Federation of Thai Industries (FTI) is warning Thai exporters to brace for non-tariff barriers (NTBs), likely to be imposed by developed countries on their products, if Thailand fails to increase the proportion of renewable energy in its energy portfolio.

BUSINESS

TPIPP wins bid for 8MW waste-to-energy scheme

Business, Yuthana Praiwan, Published on 30/01/2021

» TPI Polene Power Plc (TPIPP), the renewable power generation arm of cement maker TPI Polene Plc, has won bidding on an eight-megawatt waste-to-energy (WTE) project in Songkhla, its first WTE project in three years.

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BUSINESS

Ministry cuts oil price, continues gas subsidy

Business, Yuthana Praiwan, Published on 15/06/2020

» The Energy Ministry has cut the ex-refinery oil price by 0.5 baht and will continue to subsidise gas purchases as part of its ongoing measures to provide relief to an economy battered by Covid-19.