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GENERAL

SPCG readies solar farm growth in EEC

Business, Yuthana Praiwan, Published on 21/09/2023

» SET-listed SPCG, a pioneer in solar farm development in Thailand, expects to start building solar farms with a combined power generation capacity of 500 megawatts in the Eastern Economic Corridor (EEC) under the Srettha Thavisin administration.

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GENERAL

OR targets 10% growth in net profit

Business, Yuthana Praiwan, Published on 25/09/2023

» SET-listed PTT Oil and Retail Business (OR) wants to achieve 10% growth in net profit this year, though it needs to support the government's diesel price reduction policy by trimming the marketing margin of its diesel sales to below 2 baht a litre, says president and chief executive Disathat Panyarachun.

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GENERAL

Banpu moves into rare earth mining

Business, Yuthana Praiwan, Published on 26/09/2023

» SET-listed Banpu is preparing to diversify into the mining of rare earths, which is expected to replace its coal mining activities as the company focuses on the development of greener and smarter energy.

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GENERAL

Exploring efforts to ease power bills

Business, Yuthana Praiwan, Published on 27/09/2023

» The Srettha Thavisin cabinet quickly approved a plan to reduce the power tariff at its first meeting earlier this month in a bid to reduce electricity bills.

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GENERAL

TPCH eyes overseas portfolio

Business, Yuthana Praiwan, Published on 28/09/2023

» SET-listed TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, is adjusting its investment portfolio by focusing more on overseas business expansion, with Laos picked as the first investment destination.

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GENERAL

Prime Road looks to clean power

Business, Yuthana Praiwan, Published on 28/09/2023

» Growing concern over climate change is helping SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, expand its business, with the aim to increase clean power generation capacity to 1,800 megawatts across Asia within five years, says chairman and founder Somprasong Panjalak.

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GENERAL

Sakol slashes 2023 revenue target

Business, Yuthana Praiwan, Published on 29/09/2023

» SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, has downgraded its revenue target for 2023, which was earlier projected to surge to almost 1 billion baht from 497 million in 2022, due mainly to a delay in operating a new refuse-derived fuel (RDF) production facility.

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GENERAL

Egco and partners explore clean energy options

Business, Yuthana Praiwan, Published on 30/09/2023

» Electricity Generating Plc (Egco) has several plans to develop clean energy, such as unlocking the power of ammonia and hydrogen as well as harnessing nuclear energy.

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GENERAL

State urged to allow Egat to produce more electricity

Business, Yuthana Praiwan, Published on 03/10/2023

» Former executives and a labour union leader of state-run Electricity Generating Authority of Thailand (Egat) have called on the government to allow Egat to produce more power in order to depend less on electricity purchased from power companies, which is blamed for placing an additional financial burden on Egat.

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GENERAL

Oil Fuel Fund facing losses of B100bn

Business, Yuthana Praiwan, Published on 04/10/2023

» The government's effort to keep the domestic diesel price below 30 baht a litre until December will cause a loss of almost 100 billion baht for the Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).