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BUSINESS

Sharge to launch utility token

Business, Yuthana Praiwan, Published on 09/07/2021

» Sharge Management Co, a provider of charging systems for battery-powered vehicles, is planning to launch Thailand's first ready-to-use utility token for use with a charging service in the third quarter this year.

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BUSINESS

Clover Power eyes IPO to fuel expansion

Business, Yuthana Praiwan, Published on 02/07/2021

» Clover Power Plc (CV), a renewable power plant developer and operator, aims to increase its electricity generation capacity sevenfold to 180 megawatts by 2023 as it plans to expand business through an initial public offering (IPO).

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BUSINESS

Ratch acquisitions up capacity

Business, Yuthana Praiwan, Published on 24/06/2021

» Ratch Group Plc, Thailand's largest private power generation firm by capacity, has purchased coal-fired thermal power plants belonging to PT Paiton Energy (PE) -- the operator of Paiton Power Generation Complex in Indonesia -- from Mitsui & Co in a move to increase its power generation capacity.

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BUSINESS

Sharge eyes funds to fuel EVs

Business, Yuthana Praiwan, Published on 21/06/2021

» Sharge Management Co is raising funds to support its plan to partner with mostly state-owned energy firm Bangchak Corporation Plc (BCP) to jointly expand the electric vehicle (EV) charging solutions business.

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BUSINESS

TPCH to up capacity of unit's plants

Business, Yuthana Praiwan, Published on 17/06/2021

» MAI-listed TPC Power Holding (TPCH), the power business arm of engineering and construction service provider Thai Poly Con Plc (TPC), is planning to expand power generation capacity of its subsidiary Siam Power Co (SP) to make it a flagship waste-to-energy (WTE) business.

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BUSINESS

Venture to help shore up economy

Business, Yuthana Praiwan, Published on 27/05/2021

» Mostly-state owned energy firm Bangchak Corporation Plc (BCP) is preparing to launch a new business diversification scheme in the second half this year to help shore up the reeling economy.

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BUSINESS

PTT invests in its power arm

Business, Yuthana Praiwan, Published on 24/04/2021

» National oil and gas conglomerate PTT Plc is increasing its grip on its power generation arm Global Power Synergy Plc (GPSC) to 44.45% from 31.72% in its latest share restructuring move as it aims to increase investment in the power business.

BUSINESS

IGCC plant to supply power to Fukushima

Business, Yuthana Praiwan, Published on 21/04/2021

» Banpu Power Plc's (BPP) newly acquired power plant in Japan's Fukushima Prefecture has started supplying electricity to Fukushima and parts of the Tokyo metropolitan area as the firm expects to earn revenue in the second quarter.

BUSINESS

Office expects drop in global oil price

Business, Yuthana Praiwan, Published on 10/04/2021

» The Energy Policy and Planning Office (Eppo) expects global oil prices to decrease after Opec and its allies agreed to increase petroleum production in a cautious move in line with global economic recovery.

BUSINESS

PTT approves dividend payout ratio of 76%

Business, Yuthana Praiwan, Published on 10/04/2021

» National oil and gas conglomerate PTT Plc has approved a dividend payout ratio of 76% of 1.32 baht earnings per share for the full year 2020, up from its average of 46% of earnings per share since the firm was listed on the Stock Exchange of Thailand in 2001.