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GENERAL

Warning over insufficient fossil fuel cuts

Business, Yuthana Praiwan, Published on 14/06/2024

» Gas and coal reduction targets in the revised version of the power development plan (PDP) may be insufficient for the government to achieve carbon neutrality by 2050, say energy firms.

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GENERAL

Egat's share of power generation set to ease

Business, Yuthana Praiwan, Published on 13/06/2024

» Thailand's total electricity supply is expected to reach 112,400 megawatts in 13 years, with power companies gaining a greater share of power generation for the country, according to the new power development plan (PDP).

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GENERAL

Thai Oil expects crude price to stabilise

Business, Yuthana Praiwan, Published on 11/06/2024

» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.

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GENERAL

Applied DB banks on biodegradable bags

Business, Yuthana Praiwan, Published on 07/06/2024

» Biodegradable plastic sales are expected to help loss-ridden Applied DB, a local polyvinyl chloride (PVC) and adhesive maker, improve its business performance as the MAI-listed company starts selling the products this year.

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GENERAL

Plan rejig raises share of renewables

Business, Yuthana Praiwan, Published on 07/06/2024

» Renewable power is projected to overtake electricity produced by fossil-fuel power plants over the next 20 years, with the former's proportion set to increase to 51% of total electricity supply in Thailand under the new version of the power development plan (PDP), says the Energy Policy and Planning Office (Eppo).

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GENERAL

Bangchak keen on pet care

Business, Yuthana Praiwan, Published on 04/06/2024

» Energy conglomerate Bangchak Corporation Plc is expanding its non-oil business, diversifying into pet care to benefit from increased pet ownership by opening pet shops at its petrol stations.

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GENERAL

GPSC unit wins solar bid in India

Business, Yuthana Praiwan, Published on 03/06/2024

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to expand its renewables business in India, with subsidiary Avaada Energy preparing to build a large solar farm to increase clean energy, cut carbon dioxide emissions and serve millions of people in the country.

GENERAL

SP Group cashes in on green push

Business, Yuthana Praiwan, Published on 30/05/2024

» A growing need for better energy management to reduce carbon dioxide emissions among industries, especially food and beverage, is providing opportunities for companies selling energy technologies and know-how, says Singapore-based energy solutions provider and electricity transmission operator SP Group.

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GENERAL

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

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GENERAL

PTT optimistic on growth this year

Business, Yuthana Praiwan, Published on 28/05/2024

» National oil and gas conglomerate PTT Plc remains upbeat regarding the positive business outlook predicted for later this year, although the prices of petrochemicals, one of PTT's key products, are expected to keep falling.