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GENERAL

Preparing for the green utility tariff

Business, Yuthana Praiwan, Published on 25/01/2024

» The announcement of a green utility tariff (GUT), scheduled for February, is expected to mark a significant step in renewable energy use to support local businesses and draw foreign investment.

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MOTORING

Green push set to boost Nex Point sales

Business, Yuthana Praiwan, Published on 26/01/2024

» SET-listed Nex Point, a local assembler of commercial electric vehicles (EVs), expects its sales to reach 5,556 units in 2024 thanks to higher demand from transport and logistics operators.

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GENERAL

Efficiency likely to spur TGE's revenue

Business, Yuthana Praiwan, Published on 24/01/2024

» Thachang Green Energy (TGE), an SET-listed biomass power plant developer and operator, expects significant business growth between 2025 and 2026 thanks to additional power generation capacity from power plant projects in the pipeline.

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GENERAL

Egat, PTT seek new heads amid transition

Business, Yuthana Praiwan, Published on 23/01/2024

» The Electricity Authority of Thailand (Egat) and national oil and gas conglomerate PTT Plc are selecting two new executives to succeed their current leaders, hoping to further drive the organisations through challenges caused by the transition from fossil fuels to renewable energy in Thailand.

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GENERAL

Oil retailers sue over viral video clip

Business, Yuthana Praiwan, Published on 20/01/2024

» Oil retailers under the PTT brand have filed a lawsuit against netizens who shared messages and a video clip accusing them of selling oil unfairly.

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GENERAL

PTTEP steps up gas production at Erawan

Business, Yuthana Praiwan, Published on 19/01/2024

» PTT Exploration and Production Plc (PTTEP) is accelerating gas production at its Erawan gas block in the Gulf of Thailand to avoid paying a fine if it fails to deliver the amount required by a contract signed with PTT Plc, the country's sole gas seller.

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GENERAL

OR seeks to expand coffee business

Business, Yuthana Praiwan, Published on 18/01/2024

» PTT Oil and Retail Business Plc (OR) aims to further strengthen its coffee business by building a coffee centre, dubbed "Amazon Park", in the northern province of Lampang to support its coffee research and plantations in order to serve growing demand in Thailand.

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GENERAL

Officials seek end of biofuel subsidy

Business, Yuthana Praiwan, Published on 18/01/2024

» Energy policymakers are planning to end the price subsidy programme for biofuels this year after a delay of several years, says an official at the Oil Fuel Fund Office (Offo).

GENERAL

Power bills likely stable in 2024

Business, Yuthana Praiwan, Published on 17/01/2024

» Electricity bills in Thailand are unlikely to be trimmed from the existing rate as the power tariff, which is used to calculate the bills, is expected to stay in a range of 4.2-4.25 baht per kilowatt-hour (unit), says Khomgrich Tantravanich, secretary-general of the Energy Regulatory Commission (ERC).

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GENERAL

New green power tariff forecast to boost investment flows

Business, Yuthana Praiwan, Published on 16/01/2024

» A green utility tariff (GUT), which will be used to calculate the prices of electricity generated from renewable fuels, is expected to help boost domestic and foreign investment once the rates and conditions are finalised on Jan 23.