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BUSINESS

PTTGC invests in British startup Interface Polymers

Business, Yuthana Praiwan, Published on 10/05/2023

» PTT Global Chemical Plc (PTTGC), the petrochemical arm of national oil and gas conglomerate PTT Plc, has announced an investment in UK-based startup Interface Polymers, a developer of chemical additives to improve the recyclability and performance of key polymers.

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BUSINESS

Offo sees slight dip in global oil prices

Business, Yuthana Praiwan, Published on 27/04/2023

» Global oil prices are expected to fall slightly as central banks continue to raise interest rates to tame high inflation, says the Oil Fuel Fund Office (Offo).

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BUSINESS

Fuel consumption surges during Q1

Business, Yuthana Praiwan, Published on 28/04/2023

» Fuel consumption in the first quarter increased to a level greater than usage in 2019, following a drop for two consecutive years when Thailand endured the impact of the pandemic, according to the Department of Energy Business (DOEB).

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BUSINESS

GPSC allots B2.5bn for Indian solar firm

Business, Yuthana Praiwan, Published on 28/04/2023

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, plans to inject 2.5 billion baht of capital into Avaada Energy Private, an Indian solar power developer, in a move to boost renewable power generation.

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BUSINESS

Egat to spend B300bn on solar development

Business, Yuthana Praiwan, Published on 02/05/2023

» The Electricity Generating Authority of Thailand (Egat) aims to increase its power generation capacity from floating solar farms at its nine hydropower plants to 10 gigawatts by 2037, with investment of almost 300 billion baht.

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BUSINESS

Power bills set to fall for rest of 2023

Business, Yuthana Praiwan, Published on 29/04/2023

» Electricity bills are likely to decline during the last four months of this year, with the power tariff expected to reach 4.3 or 4.4 baht per kilowatt-hour (unit), according to the Energy Policy and Planning Office (Eppo).

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BUSINESS

Bangchak intensifies energy logistics push

Business, Yuthana Praiwan, Published on 19/04/2023

» SET-listed energy conglomerate Bangchak Corporation aims to expand its energy logistics business after shareholders approved a plan to take over Esso (Thailand) Plc.

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BUSINESS

Power bills set to stay put amid Egat losses

Business, Yuthana Praiwan, Published on 26/04/2023

» State-run Electricity Generating Authority of Thailand (Egat) says it is unable to shoulder more financial burdens until 2025 as it needs funds from electricity bills to help it deal with current losses of 136 billion baht.

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BUSINESS

Sharge seeks partners as EV demand increases

Business, Yuthana Praiwan, Published on 17/04/2023

» Sharge Management Co, a provider of charging systems for battery-powered vehicles, is planning to expand and adjust its business by forging new partnerships or raising funds as demand for electric vehicles (EVs) grows.

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BUSINESS

Renewables scheme targets new firms

Business, Yuthana Praiwan, Published on 08/04/2023

» The Energy Regulatory Commission (ERC) is encouraging companies not selected for power projects under its 5.2-gigawatt renewables scheme to participate in the second phase after the general election.