Thailand must diversify the fuel it uses to generate electricity, or else domestic gas resources could dry up in about two decades, warns deputy energy permanent secretary Kurujit Nakornthap. “If the country continues pumping gas from the Gulf of Thailand at the present rate of 3,747 million standard cubic feet per day (mmscfd) or 1.37 […]
Continue ReadingCorruption situation in the construction industry at present is getting severer with as high as one trillion baht lost to fraud each year. Former Engineering Institute of Thailand President Tortrakul Yomnak admitted that corruption exists in construction society where bribery is normal in auctions for construction projects while those refusing to pay bribes have no […]
Continue ReadingThe Srisoonthorn Bridge, which connects Phuket to the Thai mainland, will open this week as planned. Approved in 2009, at a cost of US$12.5 million, the 655 metre bridge was dubbed ‘Sarasin Bridge 2’ during construction. The Phuket Provincial Highways Office has announced that the new bridge linking Phuket to the Thai mainland will open […]
Continue ReadingA new Japanese solar power device can generate twice the electricity of current models thanks to moving mirrors that follow the sun throughout the day, according to its developers. Smart Solar International, a Tokyo start-up that also has an office in California, will start producing the system in Japan in August, hoping it will be […]
Continue ReadingMae Moh plant first to use new technology The Electricity Generating Authority of Thailand (Egat) plans to adopt clean coal technology at its Mae Moh power plant in Lampang, replacing ageing generators with an integrated gasification combined-cycle (IGCC) system. Egat has asked the Institute of Energy Economics of Japan to do a feasibility study on […]
Continue ReadingSeadrill has been awarded a new contract by PTTEP in Thailand for the jack-up rig West Leda. The assignment is for a firm period of nine months and with an option to extend for a further six months. The contract value for the firm period is approximately US$35 million. Commencement of the operations under the new contract […]
Continue ReadingModest adjustments to existing foreign property ownership legislation to improve inbound investment could help produce major benefits in real estate, construction, retail consumption, education, transport, schooling, and tourism, says a local property executive. “We support the Joint Foreign Chambers of Commerce in Thailand, which raised the issue of foreign ownership and sought to improve inbound […]
Continue ReadingRatchaburi Electricity Generating Holding Plc has entered into a shareholder agreement for a cogeneration small power producer (SPP) project with capacity of 122 megawatts of electricity and 15 tonnes per hour of steam. The country’s largest independent power producer holds 40% in the new venture, Nava Nakorn Electricity Generating (NNEG), while industrial estate operator Nava […]
Continue ReadingSolar power here would climb to 150 megawatts by year-end from 60MW at present, Krairit Nilkooha, director-general of the Alternative Energy Development and Efficiency Department, told the third meeting of the two-day Asia Solar Energy Forum in Bangkok yesterday. Bangchak Petroleum’s 38MW and Natural Energy Development (NED)’s 55MW solar farms are scheduled to go online […]
Continue ReadingValuation prices for land on Bangkok’s outskirts could rise by up to 50% as new mass-transit routes arrive, according to Winai Wittawatkaravet, the director-general of the Treasury Department. Demand from property developers for key plots along new light rail routes will be the main driver for higher valuations, judging from past price trends from the […]
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