Appreciating land values near key projects may mean much-needed income for the Thai government Real estate developers will not be the only ones benefiting from the establishment of rapid transit lines across Bangkok in the near future. Apparently, the Thailand government’s coffers will too. Property owners who are selling or transferring assets whose value have […]
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EGAT kicks off largest wind-hydro energy project in Asia The Electricity Generating Authority of Thailand (EGAT) has geared up to establish Asia’s first wind, solar and fuel energy production facility in support of better balance in energy resources. EGAT Governor Korndis Pakchotanont has signed a second phase development plan for wind turbines with HydroChina Co. […]
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S.B.Siam has supplied 23 tower cranes from Potain’s special-application, luffing jib, topless and top-slewing ranges to Thai construction firm CH. Karnchang for the construction of Xayaburi dam in Laos. The eight-year project, which now enters its second phase, is expected to boost the power supply of Laos and Thailand by 7,400GWh a year. The 820m […]
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On Sept. 2, Japanese leasing company Orix announced plans to spend $50 million buy more than 10% of Vietnam’s Bitexco Power, together with Singapore’s United Overseas Bank. The stake purchase is to take place in mid-September. The move represents Orix’s first foray into the hydropower sector as the company looks to help meet growing demand […]
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Thailand and Laos plan three more bridges Thailand is considering a proposal from Laos to build three more bridges to foster ties between the two countries. Prime Minister Prayut Chan-o-cha told Lao Premier Thoungloune Sisoulith that more transport links through new bridges between the two neighbours will be taken up for final decisions based on […]
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Thai renewable power producer BCPG Plc, a unit of Bangchak Petroleum (BKK:BCP), may raise up to THB 5.9 billion (USD 169.9m/EUR 152.2m) through its planned initial public offering (IPO) in Thailand this month. On Tuesday the company set a preliminary price range of THB 9.80 to THB 10.00 for the offering. It will sell 590 […]
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The Myanmar government is trying to focus on generating electricity from cost-effective water resources to meet local demand for electricity. The public does not accept the Myitsone dam project as a way to generate hydroelectric power from the Ayeyawady River, nor does it accept coal-fired power projects. When it comes to gas-fired power projects, gas […]
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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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Myanmar makes progress on new Hanthawaddy airport Myanmar’s Department of Civil Aviation says consortium companies that won the bid to build Hanthawaddy International Airport will sign the final agreement this December. Global New Light of Myanmar reported the consortium is now moving towards a December date to close the deal and begin preliminary work. DCA […]
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PRIME MINISTER Prayut Chan-o-cha has told Chinese president Xi Jinping that the Sino-Thai high-speed train project must proceed despite “legal issues” hampering it. Prayut’s remarks followed a series of disagreements between Thailand and China over the project – from loan interest rates to the use of construction materials. The project comprises two routes – Bangkok […]
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