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GENERAL

Bangchak preps B120bn to underpin expansion plans

Business, Yuthana Praiwan, Published on 03/09/2024

» Energy conglomerate Bangchak Corporation Plc will spend 120 billion baht on growing its businesses, including a plan to buy more assets in the upstream petroleum business in order to support its efforts to increase Ebitda (earnings before interest, taxes, depreciation and amortisation) to 100 billion baht by 2030.

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GENERAL

B190bn windfall from renewable shift

Business, Yuthana Praiwan, Published on 31/08/2024

» Power companies are expected to rack up an additional 190 billion baht from electricity sales to the government as Thailand shifts towards greater use of renewable power between 2024 and 2037, says Krungthai Compass, the research unit of Krungthai Bank.

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GENERAL

Call to rev up small nuclear plant project

Business, Yuthana Praiwan, Published on 30/08/2024

» The government should speed up efforts to push for a small nuclear power plant project to develop an alternative power source, says former permanent energy secretary Kurujit Nakornthap.

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GENERAL

OR upbeat on ministry's plan to better regulate oil trade

Business, Yuthana Praiwan, Published on 30/08/2024

» SET-listed PTT Oil and Retail Business (OR) is positive about the Energy Ministry's plan to better regulate oil trade and prices to deal with crude oil price fluctuations, despite growing concerns over the impact on its oil retail.

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GENERAL

GPSC, Keppel establish district cooling venture

Business, Yuthana Praiwan, Published on 30/08/2024

» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, has teamed up with a Singaporean partner to develop a district cooling business to serve increasing demand for low-carbon energy solutions in Thailand.

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GENERAL

PTTGC looks to speciality polymers

Business, Yuthana Praiwan, Published on 29/08/2024

» SET-listed PTT Global Chemical Plc (PTTGC), the petrochemical arm of oil and gas conglomerate PTT Plc, is pushing ahead with a plan to make more speciality polymers for sale as competition intensifies in the petrochemical market.

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GENERAL

Bangkok Cable's sales surge

Business, Yuthana Praiwan, Published on 28/08/2024

» Higher renewable energy consumption, driven by global efforts to slow rising temperatures, is expected to increase demand for electrical wires, especially for new infrastructure development in Thailand and overseas, says Bangkok Cable Co, a Thai electrical wire and cable manufacturer.

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GENERAL

PTT sees business taking off in 2nd half

Business, Yuthana Praiwan, Published on 24/08/2024

» National oil and gas conglomerate PTT Plc expects a better business performance in the latter half of 2024, thanks to an improving Thai economy and an increase in energy demand typical of year-end festivals and the tourism season.

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GENERAL

National plan faces delay amid cabinet reshuffle

Business, Yuthana Praiwan, Published on 23/08/2024

» Thailand's new national energy plan (NEP), outlining the roadmap towards a low-carbon society, is expected to encounter a delay due to the protracted process of forming a new cabinet under the Paetongtarn Shinawatra administration, says the Energy Policy and Planning Office.

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MOTORING

PTT to put stress on EV charging services

Business, Yuthana Praiwan, Published on 21/08/2024

» National oil and gas conglomerate PTT Plc aims to focus more on electric vehicle (EV) charging services in line with Thailand's expanding EV market, but will consider adjusting its other EV-related businesses, including its electric car assembly operations.