Thailand’s Ratchaburi Electricity Generating Holding Pcl said on Tuesday (09/08) it has raised its 2023 capacity target by 3 percent to 10,000 megawatts (MW) as it wanted to invest more in renewable energy to boost growth. Of the target, 20 percent or 2,000 MW will come from renewables, which has strong growth prospects, Rum Herabat, […]
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THE NATIONAL Energy Policy Committee yesterday approved in principle a plan to develop the electrical system to cater to the first-phase establishment of special economic zones in six areas. These SEZs are in Mae Sot, Tak province; Mukdahan’s Muang district; Nong Khai’s Muang district; Aranyaprathet, Sa Kaew province; Khlong Yai, Trat province; and Sadao, Songkhla […]
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Progress on the Sino-Thai high-speed rail project is expected to be made at this month’s meeting, says the Public Debt Management Office (PDMO). Thailand and China will hold a 13th meeting to settle construction plans, funding sources and land expropriation for the 252-kilometre project, said PDMO director-general Suwit Rojanavanich. Differences in cost estimates have been […]
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The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 megawatts of power. In the statement, Gezhouba said that Xelanong 2 will be located at […]
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Cambodia needs to focus on solidifying its national grid and shoring up its energy efficiency and transmission lines before expanding into more costly renewable technology, a visiting executive of German engineering giant Siemens said yesterday. Markus Lorenzini, president and CEO of Siemens for Thailand, Cambodia and Myanmar, said that by strengthening the existing electricity supply, […]
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WHA Corporation Tuesday announced that it would expand its footprint in ASEAN countries over the next five years, and would invest 43 billion baht ($1.2 billion) to xpand its logistics and warehouse businesses at home and in Southeast Asia. Due to its aggressive investment, the company has forecast that its revenues will rise from 13.1 […]
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Ananda Development is Thailand’s Leader in Mass Transit Condominiums, specializing in Urban Living Solutions along Bangkok’s mass transit lines. Prime location and convenience are key factors in modern city lifestyles, and the future growth of Bangkok — which suffers from some of the world’s most notorious traffic jams — will occur predominantly along its public […]
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TCC Group, owned by liquor tycoon Charoen Sirivadhanabhakdi, is committed to continued investment in commercial properties such as hotels and retail outlets as confidence rises in Thailand’s political situation. “The group has consecutively invested as the overall situation in the country has gradually improved,” Mr Charoen said yesterday during the official reopening of Pantip Plaza […]
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Thailand’s listed real estate developer Principal Capital Pcl is to acquire V Brilliant Group Holding (VB Group) and its subsidiaries from the major shareholder Satita Viddhayakorn, and Peak Development Holdings for 5.79 billion baht ($165.5 million), the company announced. Chayaporn Luannapavan, corporate secretary, said it will issue 1.68 billion new ordinary shares to Satita at […]
Continue ReadingJapan has agreed to use the Shinkansen bullet train as the model for a high-speed rail network in Thailand, according to Transport Minister Arkom Termpittayapaisith. Mr Arkom spoke after meeting his Japanese counterpart, Minister of Land, Infrastructure, Transport and Tourism Keiichi Ishii, at the Ministry of Transport on Ratchadamnoen Nok Avenue on Friday. The pair […]
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