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BUSINESS

B29bn budget to cap diesel

Business, Yuthana Praiwan, Published on 21/10/2021

» The Energy Policy Administration Committee has approved a budget worth around 29 billion baht to put a cap on the diesel price at below 30 baht per litre in line with an order from Prime Minister Prayut Chan-o-cha.

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BUSINESS

Egco completes first US renewables investment

Business, Yuthana Praiwan, Published on 08/10/2021

» SET-listed Electricity Generating (Egco) has made its first renewables investment in the US by indirectly acquiring a 17.4% share in Apex Clean Energy Holdings LLC, a leader in clean energy project development, sales and operation.

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BUSINESS

FPT offers pipeline service

Business, Yuthana Praiwan, Published on 25/09/2021

» Fuel Pipeline Transportation Co (FPT), an arm of Bangkok Aviation Fuels Service Plc, has offered to send oil through its pipeline from Ayutthaya to Lampang to replace oil trucks and help reduce carbon dioxide emitted by vehicles during transport.

BUSINESS

Eppo gauges input from public for net-zero draft

Business, Yuthana Praiwan, Published on 24/09/2021

» The Energy Policy and Planning Office (Eppo) is gathering ideas from public hearings to complete the draft of its master plan for Thailand's net-zero target.

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BUSINESS

IRPC signs ultra clean fuel deals

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

» IRPC Plc, the petrochemical arm of PTT Group, is gaining momentum in its 13-billion-baht Ultra Clean Fuel project (UCF) to produce oil that meets the Euro 5 emission standard, with technical support from Chinese and South Korean companies.

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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.