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BUSINESS

WHAUP to acquire assets in Vietnam

Business, Yuthana Praiwan, Published on 06/06/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under Thailand's biggest industrial land developer and operator, is planning to acquire new wind and solar power generation facilities with a capacity of 50-100 megawatts in Vietnam to benefit from growing energy demand there.

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BUSINESS

Putting clean energy in pole position

Business, Yuthana Praiwan, Published on 29/05/2023

» Efforts to reduce carbon dioxide in Thailand are gathering momentum as the government and businesses forge ahead with clean energy development projects.

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BUSINESS

Nam teams up with PTT for global expansion

Business, Yuthana Praiwan, Published on 30/05/2023

» Namwiwat Medical Corporation (Nam), a Thai sterilised medical equipment maker and seller, aims to become a key manufacturer on the global stage by partnering with national oil and gas conglomerate PTT Plc following a successful expansion in Southeast Asia.

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BUSINESS

Chevron, PTTEP granted licences in Gulf

Business, Yuthana Praiwan, Published on 31/05/2023

» The Department of Mineral Fuels has awarded petroleum exploration and production licences to Chevron Offshore Thailand and PTT Exploration and Production Plc (PTTEP), as part of efforts to increase gas supply from the Gulf of Thailand and reduce power bills over the long term.

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BUSINESS

OR prepares for oil price volatility later this year

Business, Yuthana Praiwan, Published on 27/05/2023

» PTT Oil and Retail Business Plc (OR) is bracing for possible challenges caused by oil price fluctuations and a global economic slowdown that could affect the company in the second half of this year.

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BUSINESS

DUP...SPCG keen on rooftop solar sales

Business, Yuthana Praiwan, Published on 26/05/2023

» SET-listed SPCG, a pioneer in solar farm development in Thailand, expects to earn more revenue from sales of rooftop solar panels to residential and commercial buildings as well as industries, with solar power becoming more popular.

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BUSINESS

TOP optimistic on outlook for oil trading this year

Business, Yuthana Praiwan, Published on 23/05/2023

» SET-listed Thai Oil Plc (TOP), the oil refinery arm of national oil and gas conglomerate PTT Plc, expects a better outlook for oil trading this year, with the global demand and supply of oil believed to be almost equal.

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BUSINESS

Renewable power deals to be ready in Q3

Business, Yuthana Praiwan, Published on 24/05/2023

» The state grid is expected to sign power purchase agreements (PPAs) with companies selected to join the state's 5.2-gigawatt renewables scheme within the third quarter of this year, says the Energy Regulatory Commission (ERC).

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BUSINESS

WHAUP awarded B2.9bn water supply contracts

Business, Yuthana Praiwan, Published on 18/05/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, has secured two contracts worth 2.9 billion baht to supply "premium clarified water" to solar panel and rubber glove manufacturers, in a move to sell more value-added products.

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BUSINESS

Ratch targets major rise in power production capacity

Business, Yuthana Praiwan, Published on 16/05/2023

» SET-listed Ratch Group Plc, Thailand's second-largest private power producer by capacity, expects to increase its power production capacity to 12,460 megawatts by 2030, from 9,801MW at present.