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BUSINESS

PTT's power generation arm GPSC to build solar farm in India

Yuthana Praiwan, Published on 10/04/2023

» 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 this country.

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BUSINESS

WHAUP solar panel business set to surge

Business, Yuthana Praiwan, Published on 08/03/2023

» SET-listed WHA Utilities & Power Plc (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, expects its rooftop solar panel installation service to grow by 24% to 300 megawatts this year, thanks to greater adoption of clean energy in the industrial sector.

BUSINESS

Gulf moves into UK with investment in offshore wind farm

Business, Yuthana Praiwan, Published on 04/03/2023

» SET-listed Gulf Energy Development, Thailand's largest power producer by market value, continues to seek new business opportunities overseas with its latest investment in the development of a 1,500-megawatt offshore wind farm project in the UK.

BUSINESS

PTTGC to ramp up petrochemical production by 15%

Business, Yuthana Praiwan, Published on 21/02/2023

» PTT Global Chemical Plc (PTTGC), a petrochemical arm of national oil and gas conglomerate PTT Plc, plans to increase the production of petrochemical products by 15% this year to serve growing demand following the pandemic.

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BUSINESS

BGRIM, Innopower team up for project

Business, Yuthana Praiwan, Published on 17/02/2023

» SET-listed B.Grimm Power (BGRIM), an energy developer with the largest capacity in the small power producer segment, has forged a venture with energy innovation firm Innopower Co to promote clean energy projects, including electric vehicle (EV) infrastructure development.

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BUSINESS

PTTEP to sell Australian gas field in 2023

Business, Yuthana Praiwan, Published on 23/01/2023

» PTT Exploration and Production Plc (PTTEP) is continuing to refocus its investments on new petroleum sites, with the latest plan to sell the Cash and Maple gas and condensate field in Australia.

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BUSINESS

Egat starts operation of mini-hydropower plant

Business, Yuthana Praiwan, Published on 21/01/2023

» State-run Electricity Generating Authority of Thailand (Egat) has started operating its 10th mini-hydropower plant in Uttaradit as the country continues its effort to reduce power prices by adopting more renewable energy.

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BUSINESS

PTTEP exits Brazil with new focus on Asia

Business, Yuthana Praiwan, Published on 17/01/2023

» PTT Exploration and Production Plc (PTTEP) has exited its petroleum exploration and production business in Brazil by dissolving its subsidiary Participations and Explorations Corporation (PEC), as the company aims to focus more on investments in Asia.

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BUSINESS

Egco, JERA to conduct decarbonisation study

Business, Yuthana Praiwan, Published on 14/01/2023

» Electricity Generating Plc (Egco), a power generation arm of state-run Electricity Generating Authority of Thailand, is planning to adopt green fuels and technologies to better manage electricity generation, part of efforts to achieve a carbon neutrality goal by 2050.

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BUSINESS

Innobic profit driven by pharma interests

Business, Yuthana Praiwan, Published on 04/01/2023

» Innobic (Asia), the life science arm of national oil and gas conglomerate PTT Plc, expects to earn first-year profit of more than 100 million baht, driven in particular by its medicine business.