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BUSINESS

Egco sells stake in three Indonesian power plants

Business, Yuthana Praiwan, Published on 28/12/2022

» SET-listed Electricity Generating (Egco), a power generation arm of state-run Electricity Generating Authority of Thailand, has divested its entire stake worth US$485 million in three geothermal power plants in Indonesia in order to make new investments, especially in renewable energy.

BUSINESS

Reopening propels fuel consumption

Yuthana Praiwan, Published on 28/12/2022

» The full reopening of the country from July drove up fuel consumption, which grew by 14% year-on-year in the first 11 months of 2022, the Department of Energy Business reported onWednesday.

BUSINESS

Reopening propels fuel consumption

Business, Yuthana Praiwan, Published on 29/12/2022

» The full reopening of the country from July drove fuel consumption, which grew by 14% year-on-year over the first 11 months of 2022, says the Department of Energy Business.

BUSINESS

New Energy looks to tax perk

Business, Yuthana Praiwan, Published on 01/07/2025

» The cabinet's recent resolution to grant a tax reduction of up to 200,000 baht to each purchaser of rooftop solar panels is expected to boost the solar energy market, benefiting the state's plan to save energy and boosting revenue for suppliers.

BUSINESS

Thai oil firms look to alternative markets to Cambodia

Business, Yuthana Praiwan, Published on 02/07/2025

» Cambodia's ban on refined oil imports from Thailand should not have a significant impact on oil companies as they can adjust their sales, shipping their products to other countries in Asia, says the Department of Energy Business (DOEB).

BUSINESS

Power plan to be completed by year-end

Business, Yuthana Praiwan, Published on 03/07/2025

» The oft-delayed power development plan (PDP) is expected to be completed within this year following a revision, said Prasert Sinsukprasert, energy permanent secretary.

BUSINESS

Electricity unlikely to become more expensive this year

Yuthana Praiwan, Published on 03/07/2025

» Electricity bills are unlikely to become more expensive later this year as authorities plan to manage power tariffs to avoid increasing the financial burden on people amid a sluggish economy, says Energy Minister Pirapan Salirathavibhaga.

BUSINESS

Banpu sinks B2.37bn into joint venture

Business, Yuthana Praiwan, Published on 04/07/2025

» Energy conglomerate Banpu Plc has spent A$110 million (2.37 billion baht) on a joint investment in energy storage development in Australia, seeking to benefit from the country's rapid transition to clean energy and expand the company's renewable energy business.

BUSINESS

ARV rolls out AI tech to prevent disasters

Business, Yuthana Praiwan, Published on 05/07/2025

» AI and Robots Ventures Co (ARV), a subsidiary of PTT Exploration and Production Plc, is using artificial intelligence technology to grow its business by offering Bedrock data analytics software to state agencies, which handles a range of tasks from tax collection to disaster prevention.

BUSINESS

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.