Showing 1 - 10 of 11
Gulf reports Q1 profits surge 28% to B5.3bn
Business, Yuthana Praiwan, Published on 10/05/2025
» SET-listed Gulf Development's diversification into the telecom business is bearing fruit, helping the energy developer drive revenue in the first quarter, with net profit soaring by 28% to 5.3 billion baht.
New Gulf power plant starts operating in Rayong
Yuthana Praiwan, Published on 01/10/2024
» Gulf Energy Development Plc has started commercial operation of a new gas-fired power generating unit in Rayong to support the company's long-term electricity sales to the state grid.
Gulf profits increase 37% to B12.1bn in 2022
Business, Yuthana Praiwan, Published on 18/02/2023
» Gulf Energy Development Plc posted revenue growth of 92% to 101 billion baht last year, driven by earnings from its power generation facilities, divestment and InTouch Holdings Plc, the parent firm of telecom operator Advanced Info Service (AIS).
Purchase bolsters UBE's clean energy drive
Business, Yuthana Praiwan, Published on 05/07/2022
» Ubon Bio Ethanol Plc (UBE), a manufacturer of cassava-based products, has bought a floating solar farm in Ubon Ratchathani from Bay Wa RE Solar Pte for 82.4 million baht in a move to grow its clean energy business.
Court ties ministry's hands
News, Yuthana Praiwan, Published on 16/12/2021
» The Supreme Administrative Court has ordered the Energy Ministry not to act against three energy companies in an almost decade-long dispute involving a probe into alleged irregularities during a bid for power purchase agreements under the Independent Power Producers (IPP) scheme.
WHAUP to scale up P2P trading platform
Business, Yuthana Praiwan, Published on 07/10/2021
» SET-listed WHA Utilities & Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, plans to scale up a peer-to-peer (P2P) power trading platform as it sees an opportunity to serve more factories buying and selling electricity produced by rooftop solar panels.
WHAUP to build P2P energy site in Rayong
Business, Yuthana Praiwan, Published on 01/07/2021
» SET-listed WHA Utilities & Power Plc (WHAUP), which provides utilities under WHA Corp -- Thailand's biggest industrial land developer and operator -- is planning to develop what it claims to be the world's largest site of peer-to-peer (P2P) energy trading from rooftop solar panels among factories in a WHA industrial estate in Rayong's Pluak Daeng district.
Gulf strengthens regional base with Vietnam, Laos plants
Business, Yuthana Praiwan, Published on 03/09/2019
» SET-listed Gulf Energy Development Plc plans to develop power plants in Vietnam and Laos to strengthen its business presence in Indochina.
GESAC sets up shop in Thailand
Business, Yuthana Praiwan, Published on 24/08/2019
» Xiamen Golden Egret Special Alloy Co (GESAC), a Chinese tungsten and cemented carbide maker, has chosen Thailand as the location for its first production facility outside of China with an investment of 2.5 billion baht.
Gulf forecasts 60% revenue gain in 2019
Business, Yuthana Praiwan, Published on 28/11/2018
» SET-listed Gulf Energy Development Plc, one of Thailand's largest power producers, expects revenue to leap 60% to 32 billion baht in 2019 as the commercial operation dates (CODs) of five power plants arrive.