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BUSINESS

BCPG acquiring 4 solar plants

Business, Yuthana Praiwan, Published on 04/08/2020

» BCPG, a renewable energy business arm of Bangchak Corporation, has announced a takeover deal for four solar power plants in Thailand with a total production capacity of 20 megawatts to further expand its green energy empire.

BUSINESS

GPSC restructuring to elevate renewables ahead of schedule

Business, Yuthana Praiwan, Published on 10/07/2020

» National oil and gas conglomerate PTT says it will restructure its power generation arm, Global Power Synergy (GPSC), to hasten its transition to renewable energy despite revenue shortfalls resulting from the pandemic.

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BUSINESS

IRPC slashes capex to maintain liquidity

Business, Yuthana Praiwan, Published on 10/07/2020

» SET-listed IRPC Plc, the petrochemical arm of national energy conglomerate PTT Plc, is slowing investment in new projects, slashing its spending by 27.8 billion baht to maintain liquidity.

BUSINESS

JSCCIB urges deep CPTPP examination

Business, Yuthana Praiwan, Published on 09/07/2020

» The unsettled debate on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has prompted the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to conduct a new thorough study to decide whether Thailand should join the trade deal.

BUSINESS

Energy for All extension on wish list

Business, Yuthana Praiwan, Published on 25/07/2020

» Business leaders and farm communities want the next energy minister to continue the Energy for All renewable power scheme, which took effect last year under the previous holder of the post, Sontirat Sontijirawong, who recently resigned.

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BUSINESS

Head of EPG puts science at the forefront

Business, Yuthana Praiwan, Published on 25/07/2020

» Eastern Polymer Group Plc (EPG) is Thailand's top plastic moulder by capacity, but that has not lulled it into believing the strongest firm will always win.

BUSINESS

Egat poised to approve first Thai FSRU

Business, Yuthana Praiwan, Published on 22/07/2020

» Thailand's first floating storage regasification unit (FSRU) for liquefied natural gas (LNG) is close to being approved by the board of the Electricity Generating Authority of Thailand (Egat) to begin construction this year.

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BUSINESS

PTTEP gets finance for Mozambique LNG

Business, Yuthana Praiwan, Published on 21/07/2020

» PTT Exploration and Production (PTTEP), the oil and gas drilling arm of national oil and gas conglomerate PTT, and business partners have reached a US$14.9-billion agreement with creditors to push ahead with a liquid natural gas (LNG) facility development project in Mozambique's Rovuma Offshore Area 1.

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BUSINESS

Bangchak touts EV ecosystem

Business, Yuthana Praiwan, Published on 20/07/2020

» Mostly state-owned energy firm Bangchak Corporation is stepping up efforts to diversify into the electric vehicle market by developing an EV ecosystem for several thousand motorcycle taxis.

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BUSINESS

Challenges await next energy chief

Business, Yuthana Praiwan, Published on 18/07/2020

» Outgoing Energy Minister Sontirat Sontijirawong leaves huge challenges for his successor to deal with, ranging from various much-delayed projects and an unsettled maritime conflict involving petroleum blocks to alleged abuse of energy budget spending.