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BUSINESS

TOP preps funds for Indonesia

Business, Yuthana Praiwan, Published on 21/02/2022

» Thai Oil Plc (TOP), Thailand largest oil refinery by capacity, is preparing to raise funds to finance a US$5 billion development of PT Chandra Asri Perkasa (Unit 2), a petrochemical production facility in Indonesia.

BUSINESS

BCPG to raise renewables capacity to 2GW

Business, Yuthana Praiwan, Published on 18/02/2022

» SET-listed BCPG, the renewable power generation arm of Bangchak Corporation Plc, set a target to increase electricity generation capacity based on renewables to two gigawatts within 2026 as part of its plan to achieve carbon neutrality by 2030.

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BUSINESS

Gulf licensed to increase LNG imports

Business, Yuthana Praiwan, Published on 01/02/2022

» Gulf Energy Development Plc has been granted a licence to import more liquefied natural gas (LNG), bringing the total volume to 6.37 million tonnes a year, as it forges ahead to become a major trader in Thailand's LNG market after its liberalisation.

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BUSINESS

BCPG allots B6bn for solar in Taiwan

Business, Yuthana Praiwan, Published on 29/01/2022

» SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation Plc, plans to develop new solar power projects worth around 6 billion baht in Taiwan because the country has good prospects and is moving towards clean energy.

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BUSINESS

Banpu unveils green boat amid EV push

Business, Yuthana Praiwan, Published on 17/01/2022

» Banpu Next Co, the energy technology arm of Banpu Plc, is helping its parent company move closer to its clean energy goal with the debut of an electric boat for use in the tourism sector.

BUSINESS

Nam Tai stake gets BCPG into cross-border business

Business, Yuthana Praiwan, Published on 13/01/2022

» BCPG Plc, the power generation arm of energy conglomerate Bangchak Corporation Plc, has ventured into the cross-border transmission line business to support its overseas electricity sales, following an acquisition of US$32 million (1.07 billion baht) worth of shares in Laos-based Nam Tai Power Sole Co (Nam Tai).

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BUSINESS

Electric motorcycle trial gets underway

Business, Yuthana Praiwan, Published on 28/12/2021

» The state-owned Electricity Generating Authority of Thailand (Egat) has begun piloting its electric motorcycles among motorcycle taxi drivers in a fresh move to help the government reduce carbon dioxide emissions in the country.

BUSINESS

New venture looks to meat alternatives

Business, Yuthana Praiwan, Published on 23/12/2021

» National oil and gas conglomerate PTT Plc and NR Instant Produce Plc (NRF), a producer of vegetarian and plant-based food, have formed a joint venture with UK-based Plant and Bean Co to further develop food that can replace meat.

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BUSINESS

Office predicts oil prices already peaked

Business, Yuthana Praiwan, Published on 21/12/2021

» Global oil prices are estimated to have peaked last month, with prices likely to decline as the winter, which typically increases energy consumption, ends early next year, says the Oil Fuel Fund Office (Offo).

BUSINESS

Ratch poised to take full ownership of Sahacogen

Business, Yuthana Praiwan, Published on 15/12/2021

» Ratch Group Plc, Thailand's largest private power generator by capacity, is preparing to take full ownership of Sahacogen (Chonburi) Plc, the power generation arm of Saha Group Plc, through a tender offer to acquire a 49% share at 3.3 billion baht as part of a move to expand its power business.