GEP wants partners for its 210-MW Myanmar solar plant Green Earth Power (Thailand) or GEP is seeking partners for joint development of its 210-megawatt solar power plant in Myanmar, the third largest of its kind in the world and costing nearly 9 billion baht. The company also plans to mobilise funds from the Stock Exchange […]
Continue ReadingThe Electricity Generating Authority of Thailand (Egat) is pushing forward its 303-billion-baht budget for building power facilities between now and 2017. Egat governor Sutat Patmasiriwat said funding will come from various sources including bonds and bank loans, as Egat’s debt-to-equity ratio is only 0.5 times. “We expect to use our operating cash and accumulated profit […]
Continue ReadingMaybank Kim Eng Securities maintained its “buy” rating on shares of Demco Pcl after the electric system construction company signed a 90 MW solar farm contract. Demco and Hydrochina Engineering Corp entered into a contract with EA Solar Nakorn Sawan, a subsidiary of Energy Absolute Pcl , on April 30 to develop a 90 MW […]
Continue ReadingAn airport will be constructed in Betong, the border district in Yala province, at a cost of 1.2 billion baht, the Department of Civil Aviation said. Department deputy director-general Seree Jitsopha said the construction funding will be allocated in the 2015 budget. The department is buying land for the airport. However, two owners were refusing […]
Continue ReadingConstruction workers in the capital city are suggesting that the government increase their daily minimum wage to 350-400 baht per day, saying that they find the present rate of 300 baht per day becoming inadequate to sustain themselves in the city. Construction workers employed for condominium projects in the Din Daeng area in Bangkok suggested […]
Continue ReadingThe Mass Rapid Transit Authority of Thailand (MRTA) has recently held a public forum to collect public opinions on the extension of the Purple Line underground system between Tao Pun and Rat Burana. MRTA Governor Yongsit Rojsrikul has revealed that further study would be needed before the construction begins as the decision on the overall […]
Continue ReadingThe parliament and Sino-Thai Engineering and Construction Plc (Stecon) have signed an agreement for construction of new parliament buildings alongside the Chao Phraya River in Kiak Kai area of Bangkok. The 12.2 billion baht contract was signed by House secretary-general Suwijak Nakwacharachai and Stecon president and executive director Pakpoom Srichamni. It gives the construction firm […]
Continue ReadingA suspension bridge over Pa Sak River in Ayutthaya collapsed yesterday evening, crushing five people to death underneath a pillar on one side, while wounding 15 others. The collapse also sent a large number of pedestrians and motorcyclists into the water, but there were no casualties. The Bicentenary Bridge, 20 metres above the water, has […]
Continue ReadingBouygyes Construction and solar energy producer Soleq Solar Thailand have signed a contract worth approximately US$50 million for three PV plants in the Tak and Sukhothai provinces of north-east Thailand. Subject to Soleq Solar Thailand obtaining finance, the three solar farms will be equipped with more than 100,000 PV panels covering over 60 hectares and […]
Continue ReadingValuable old buildings which form part of the national heritage are being put at risk While many residents are eagerly awaiting the next subway line to ease the agony of commuting, another kind of woe has arisen because of the construction – that of the cost to Bangkok’s cultural heritage, in particular in the city’s treasured […]
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