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BUSINESS

GPSC plans to inject capital into Avaada Energy Private

Business, Yuthana Praiwan, Published on 29/06/2023

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, plans to inject 19.1 billion rupees (8.28 billion baht) of capital into India-based Avaada Energy Private to expand its renewable energy business amid growing electricity demand in India.

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BUSINESS

Electricity bills poised to decrease

Yuthana Praiwan, Published on 22/06/2023

» Electricity bills are expected to be slightly lower during the last four months of this year, with the power tariff decreasing by about 20 satang baht per kilowatt-hour (unit) in line with cheaper gas prices.

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BUSINESS

TPIPP to phase out coal-fired power generation by 2026

Business, Yuthana Praiwan, Published on 07/06/2023

» TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy project developer and operator by capacity, will continue to allocate its five-year capital spending of 14 billion baht to replace its coal usage with renewable energy and boost its power generation capacity.

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BUSINESS

PTT expects LNG import surge this year

Yuthana Praiwan, Published on 19/05/2023

» The national oil and gas conglomerate PTT Plc plans to increase liquefied natural gas (LNG) imports to 6 million tonnes this year, up from 3.3 million in 2022, in line with growing demand in the power sector driven by the tourism recovery.

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BUSINESS

WHAUP awarded B2.9bn water supply contracts

Business, Yuthana Praiwan, Published on 18/05/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, has secured two contracts worth 2.9 billion baht to supply "premium clarified water" to solar panel and rubber glove manufacturers, in a move to sell more value-added products.

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BUSINESS

WHA Utilities wins B2.9bn in water supply deals

Yuthana Praiwan, Published on 17/05/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand’s biggest industrial land developer and operator, has secured two contracts worth 2.9 billion baht to supply "premium clarified water" to solar panel and rubber glove manufacturers, in a move to sell more value-added products.

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BUSINESS

Ratch targets major rise in power production capacity

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed Ratch Group Plc, Thailand's second-largest private power producer by capacity, expects to increase its power production capacity to 12,460 megawatts by 2030, from 9,801MW at present.

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BUSINESS

GPSC allots B2.5bn for Indian solar firm

Business, Yuthana Praiwan, Published on 28/04/2023

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, plans to inject 2.5 billion baht of capital into Avaada Energy Private, an Indian solar power developer, in a move to boost renewable power generation.

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BUSINESS

Fuel consumption surges during Q1

Business, Yuthana Praiwan, Published on 28/04/2023

» Fuel consumption in the first quarter increased to a level greater than usage in 2019, following a drop for two consecutive years when Thailand endured the impact of the pandemic, according to the Department of Energy Business (DOEB).

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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.