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Search Result for “30 billion”

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MOTORING

PSP banks on EV industry expansion for growth

Business, Yuthana Praiwan, Published on 30/05/2024

» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.

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GENERAL

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

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GENERAL

Biofuels to help ramp up BBGI's income

Business, Yuthana Praiwan, Published on 23/05/2024

» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.

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GENERAL

Gas pipeline opens after years-long delay

Business, Yuthana Praiwan, Published on 10/05/2024

» Thailand's longest onshore gas pipeline has opened to facilitate gas transport for power plants and factories, following a delay related to the pandemic, says PTT president and chief executive Auttapol Rerkpiboon.

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GENERAL

Fuel consumption drops by 2.6% in Q1

Yuthana Praiwan, Published on 03/05/2024

» Fuel consumption in the first quarter of this year dropped 2.6 % to 156.7 million litres per day (MLD) due to the retirement period of capped price policy, according to the Department of Energy Business (DOEB).

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GENERAL

Nex Point looks to Asean's growing EV market

Business, Yuthana Praiwan, Published on 20/04/2024

» The global campaign against carbon dioxide emissions is not only benefiting electric vehicle sales in Thailand, but also fuelling EV growth in Southeast Asia.

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GENERAL

Diesel price rising by another 50 satang

Yuthana Praiwan, Published on 19/04/2024

» Diesel prices will rise by 50 satang a litre on Saturday after an excise tax cut for the fuel expires, energy policy makers said on Friday.

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GENERAL

Diesel subsidy possible if excise tax cut ends

Yuthana Praiwan, Published on 18/04/2024

» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.

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GENERAL

PTT puts faith in LNG for hot season

Business, Yuthana Praiwan, Published on 09/04/2024

» National oil and gas conglomerate PTT Plc says it believes its liquefied natural gas (LNG) reserves can help the country generate sufficient electricity when power demand peaks during the hot season.

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GENERAL

Officials seek rejig of diesel subsidy

Business, Yuthana Praiwan, Published on 30/03/2024

» Energy authorities are planning to ask the government to cap domestic diesel prices without increasing the burden on the dwindling Oil Fuel Fund after the diesel subsidy programme expires on March 31, says the Energy Policy and Planning Office (Eppo).