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BUSINESS

IRPC sets out growth vision

Business, Yuthana Praiwan, Published on 30/08/2021

» SET-listed IRPC, a petrochemical arm of national oil and gas conglomerate PTT Group, plans to apply its expertise to new business development projects, notably healthcare and electric vehicles (EVs), under its long-term business vision devised for the post-pandemic period.

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BUSINESS

Clover Power's imminent IPO set at B3.9 per share

Business, Yuthana Praiwan, Published on 25/08/2021

» Clover Power Plc (CV), a renewable energy developer that plans to increase electricity generation capacity sevenfold by 2023, has set a price for its initial public offering (IPO) of 320 million shares at 3.9 baht per share. The IPO is scheduled to take place early next month.

BUSINESS

PTTEP appoints Montri as new chief executive

Business, Yuthana Praiwan, Published on 24/08/2021

» SET-listed PTT Exploration and Production Plc (PTTEP), the oil and gas drilling arm of PTT Group, has appointed Montri Rawanchaikul as its new president and chief executive.

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BUSINESS

Targets set for new PTT businesses

Business, Yuthana Praiwan, Published on 18/08/2021

» National oil and gas conglomerate PTT Group says it intends to maintain the momentum of its new business development, including electric vehicles (EVs), over the next five years.

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BUSINESS

BAFS buys two more solar plants

Business, Yuthana Praiwan, Published on 13/08/2021

» SET-listed Bangkok Aviation Fuel Services (BAFS) has acquired two more solar power plants in Japan from Padaeng Industry Plc (PDI) in a deal worth ¥2.5 billion (760 million baht) in a bid to generate income from clean energy and get through the impact of Covid-19.

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BUSINESS

Banpu Power allots $430m for US plant

Business, Yuthana Praiwan, Published on 12/08/2021

» Banpu Power Plc (BPP), the power generation arm of Banpu Group, has announced a share purchase deal worth US$430 million (14.1 billion baht) to acquire a new power plant in the US as it pursues more environmentally friendly electricity generation.

BUSINESS

ERC plans to develop free market for LNG trade

Business, Yuthana Praiwan, Published on 11/08/2021

» The Energy Regulatory Commission (ERC) plans to fully develop a free market for liquefied natural gas (LNG) trade in the next three years to ensure enough gas supply and fair prices.

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BUSINESS

Egat to import more electricity from Laos

Business, Yuthana Praiwan, Published on 09/08/2021

» State-run Electricity Generating Authority of Thailand (Egat) plans to import an additional 1,200 megawatts of electricity from hydroelectric power plants in Laos under a long-term purchase contract.

BUSINESS

Ratch acquires 9.9% share in BCIL

Business, Yuthana Praiwan, Published on 03/08/2021

» SET-listed Ratch Group has acquired a 9.9% share totalling 190 million baht in Bangkok Chain International (Lao) Co (BCIL) to co-invest in a new hospital in Vientiane as it sees an opportunity in the growing healthcare industry.

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BUSINESS

PTT acquires stake in Chandra Asri

Business, Yuthana Praiwan, Published on 31/07/2021

» National oil and gas conglomerate PTT Group has acquired a 15.38% share in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, for US$1.183 billion (39.1 billion baht) to tap into the growing petrochemical market in Southeast Asia.