Showing 61 - 70 of 491
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.
Sakol Energy ups RDF production capacity
Business, Yuthana Praiwan, Published on 10/12/2021
» SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, continues to grow its refuse-derived fuel (RDF) business by increasing RDF production capacity and making premium-grade RDF which has a heating quality similar to coal.
Asia Biomass banking on shift to greener strategy
Business, Yuthana Praiwan, Published on 07/12/2021
» Growing concern over greenhouse gas emissions and a business diversification plan are expected to benefit Asia Biomass Plc (ABM), Thailand's largest biomass fuel trader and producer, as its revenue is projected to double to 5 billion baht within five years.
BPP bags solar power facility in Vietnam
Business, Yuthana Praiwan, Published on 03/12/2021
» Banpu Power Plc (BPP), the power generation arm of non-oil energy conglomerate Banpu Plc, has acquired Ha Tinh Solar Power Joint Stock Co in a deal worth US$23.9 million -- around 788 million baht -- marking the first time Banpu has acquired a solar power facility in Vietnam.
TPIPP aims to be coal-free power generator by 2025
Business, Yuthana Praiwan, Published on 02/12/2021
» SET-listed TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy (WTE) project developer and operator by capacity, has vowed to become a coal-free power generation company by 2025 with plans to replace fossil fuels with refuse-derived fuel (RDF).
B20bn loans to bolster diesel subsidy
Business, Yuthana Praiwan, Published on 01/12/2021
» The Oil Fuel Fund Office (Offo) is preparing to obtain loans worth 20 billion baht from 10 commercial banks, following the government's approval to seek loans to support its subsidy programme during the global oil price surge.
PTT raises stake in Taiwan firm
Business, Yuthana Praiwan, Published on 29/11/2021
» National oil and gas conglomerate PTT has taken a significant step into the pharmaceutical sector by teaming up with the Aztiq Fund to buy out Alvogen Emerging Markets Holdings (AEMH), increasing PTT's shareholding in Taiwan-based Lotus Pharmaceutical Co to 37% from 6.6%.
Diesel price to fall after change of blend
Business, Yuthana Praiwan, Published on 25/11/2021
» The price of diesel will fall below 28 baht per litre after energy officials decided to reduce the proportion of palm oil-derived methyl ester to only 7% and postponed the 10% and 20% methyl ester blended diesel from next month to March 2022.
Egco upbeat on renewable power venture in the US
Business, Yuthana Praiwan, Published on 24/11/2021
» SET-listed Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, looks forward to bright business prospects in its renewable power business in the US, following the latest investment in Apex Clean Energy Holdings LLC, a leader in clean energy project development, sales and operation.
PTTGC to see 7% sales rise in 2022
Business, Yuthana Praiwan, Published on 24/11/2021
» PTT Global Chemical (PTTGC) expects its sales to rise by 7% next year due to expansion of production capacity and sales from mostly high-value-added chemical products from newly acquired assets.