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BUSINESS

Banpu and BPP buying wind farm

Business, Yuthana Praiwan, Published on 05/08/2020

» Banpu and power business arm Banpu Power (BPP) have joined forces to acquire El Wind Mui Dinh, an onshore wind farm in southern Vietnam, in a deal worth US$66 million (2.05 billion baht).

BUSINESS

EA vehicle deliveries kneecapped by pandemic

Business, Yuthana Praiwan, Published on 05/08/2020

» SET-listed Energy Absolute (EA) expects 2020 revenue will fall by 25% from an earlier estimation to 15 billion baht, on par with last year's earnings, because of the pandemic.

BUSINESS

ERC seeks apt charging rate for EVs

Business, Yuthana Praiwan, Published on 06/08/2020

» The Energy Regulatory Commission (ERC) is planning to apply a more appropriate rate for electric vehicles as businesses are joining hands to present the new economic ministers plans to better promote EVs.

BUSINESS

Ratch to pay B1.6bn for RCO plant's expansion

Business, Yuthana Praiwan, Published on 06/08/2020

» Ratch Group Plc, Thailand's biggest private power generation firm by capacity, plans to spend 1.6 billion baht to expand capacity at its wholly owned gas-fired power plant unit, Ratch Cogeneration Co (RCO).

BUSINESS

Eppo ready to set rules for LNG free trade

Business, Yuthana Praiwan, Published on 07/08/2020

» The Energy Policy and Planning Office (Eppo) expects to set rules for free trade of liquefied natural gas after licences for LNG shipping have been granted to five importers to decentralise the gas business.

BUSINESS

PTTGC posts staggering B7.1bn H1 loss, mulls new assets

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

» PTT Global Chemical (PTTGC), Thailand's biggest petrochemical maker by capacity, suffered a loss of 7.1 billion baht in the first half of the year because of a slowdown in global fuel consumption caused by the pandemic.

BUSINESS

LPG imports on hold in H2 as consumption stalls

Business, Yuthana Praiwan, Published on 11/08/2020

» Thailand will stop importing liquefied petroleum gas (LPG) in the second half this year because of a large drop in domestic consumption as a result of the pandemic, says the Department of Energy Business (DOEB).

BUSINESS

Eppo details scenarios for falling consumption

Business, Yuthana Praiwan, Published on 12/08/2020

» The Energy Policy and Planning Office (Eppo) expects a sharp decline in Thai energy demand, with all energy products showing negative growth in line with the economic contraction predicted by state and private agencies.

BUSINESS

PTT launches 'vital' concept

Business, Yuthana Praiwan, Published on 12/08/2020

» PTT Plc hopes it has a better response to the Covid-19 impact later this year with a "vital concept", though it did move from red to black on its balance sheet in the second quarter.

BUSINESS

Ratch set to beat power schedule

Business, Yuthana Praiwan, Published on 15/08/2020

» Ratch Group, Thailand's largest private power generation firm by capacity, believes it will reach its goal to expand power generation capacity to 10,000 megawatts ahead of schedule at year-end 2023 through new development and asset acquisitions.