Sumitomo Corporation wins contract for 850MW class Gas-fired Combined-Cycle Power Plant from EGAT in Thailand

Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura) hereby announces that Sumitomo in consortium with Alstom has been awarded the contract for engineering, procurement and construction (EPC) of North Bangkok combined cycle power plant (CCPP) Block 2 (North Bangkok 2 Power Plant), from the Electricity Generating Authority of Thailand (EGAT) . Sumitomo […]

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Six groups picked for Thailand's water management projects

Six corporate groups have won bids to prepare conceptual plans on Thailand’s water resources management which will cost the country Bt350 billion (US$11.7 billion), according to Deputy Prime Minister Plodprasop Suraswadi. Mr Plodprasop, in his capacity as chairman of the Water and Natural Disaster Management Committee, said eight corporate groups joined the auction and selection […]

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Alstom to deliver 850 MW gas-fired power plant in Bangkok, Thailand

Alstom, in consortium with Sumitomo Corp. of Japan, has been awarded an engineering, procurement and construction contract by Electricity Generating Authority of Thailand (EGAT) to build the 850 MW North Bangkok combined-cycle power plant block 2 and supply its equipment. Alstom’s share in this contract amounts to about $304 million. Located in the northern suburbs […]

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Hopewell's Abandoned project's columns to be razed for Red Line

The concrete pillars of the abandoned Hopewell mass transit project will be demolished for a new railway on the same route. The clearance of the pillars will cost about 200 million baht. More than 500 concrete pillars of the Hopewell project have stood unused along the line for about 15 years. Hopewell (Thailand) Co of […]

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Better communication between governments and investors is the best way to ensure that costly projects don’t get sidelined by risk factors.

The developing Southeast Asian region has never been so attractive to investors. From the opening of Myanmar, to hydropower in Laos or the rise of Indonesia, compelling cases exist for pouring money into the region. But where there are opportunities, there are also risks and uncertainties, particularly in developing countries. Billions of dollars can go […]

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