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Search Result for “high excise tax”

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BUSINESS

The great energy debate

Business, Yuthana Praiwan, Published on 03/03/2025

» While energy authorities are working on plans to reduce power bills, analysts say free competition in the power trade should be promoted to keep electricity prices low over the long term.

BUSINESS

Power pacts key to luring investment

Business, Yuthana Praiwan, Published on 26/02/2025

» Energy policymakers must speed up piloting direct power purchase agreements (PPAs), enabling power companies to directly sell renewable electricity to factories in the Eastern Economic Corridor (EEC) to improve competitiveness with neighbouring countries and lure foreign investment, says the Thai Renewable Energy Association.

BUSINESS

Bangchak to make tender for Esso shares

Business, Yuthana Praiwan, Published on 24/02/2025

» Energy conglomerate Bangchak Corporation Plc (BCP) is restructuring its business for greater operational flexibility by making a tender offer to acquire all remaining shares in Esso Thailand, which was previously taken over by Bangchak and renamed Bangchak Sriracha Plc (BSRC).

BUSINESS

Agency bids to cut cost of renewables for state

Business, Yuthana Praiwan, Published on 20/02/2025

» The Energy Policy and Planning Office (Eppo) is working on a proposal to have the government buy renewable electricity from power companies at cheaper prices to reduce electricity bills for businesses and households, says an Eppo official.

BUSINESS

Energy Regulatory Commission seeks cheaper prices for renewables

Business, Yuthana Praiwan, Published on 18/02/2025

» The government is being asked to purchase renewable power from power companies at cheaper prices in order to reduce electricity bills by 0.17 baht per kilowatt-hour (unit).

BUSINESS

OR sees buoyant performance this year

Business, Yuthana Praiwan, Published on 13/02/2025

» PTT Oil and Retail Plc (OR) is upbeat about a stronger performance this year than last, when it experienced a decline in total revenue.

BUSINESS

WHAUP targets thirsty data centres for revenue uptick

Business, Yuthana Praiwan, Published on 10/02/2025

» SET-listed WHA Utilities and Power (WHAUP), an arm of WHA Corp, Thailand's biggest industrial land developer and operator, plans to generate 35 billion baht in revenue by 2030 through business expansion, especially supplying more water to customers in the growing data centre sector.

BUSINESS

Egco to exit Australian wind farm

Business, Yuthana Praiwan, Published on 05/02/2025

» SET-listed Electricity Generating (Egco), the power generation arm of the Electricity Generating Authority of Thailand, has decided to sell its entire stake in Boco Rock Wind Farm Pty in Australia under a plan to restructure its investment portfolio.

BUSINESS

Bangkok Cable bullish on tie-up with HiTHIUM

Business, Yuthana Praiwan, Published on 05/02/2025

» Bangkok Cable Co, a local electrical wire and cable manufacturer, is preparing to embark on a new business aimed at solving the unstable supply of renewable power, having established a partnership with HiTHIUM, a Chinese manufacturer of battery energy storage systems.

BUSINESS

Power prices to see long-term fall

Business, Yuthana Praiwan, Published on 28/01/2025

» Energy policymakers are optimistic regarding a long-term reduction in the prices of Thai electricity bills, with the power tariff decreasing to 3.70 baht per kilowatt-hour (unit), attributed to ongoing attempts to reduce losses in the country's power supply system and the impact of US President Donald Trump's new energy policy.