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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A $US37 billion natural gas project in Darwin has reached its final construction phase and is scheduled to start processing LNG by next year, heralding a big drop in workers at the site. Key points: •Final three modules for Ichthys project arrive •Employees to drop from 8,000 down to 350-400 •Hopes other construction projects will […]
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Travellers who were hoping the Thai government would fast-track a high-speed train project from Bangkok to Chiang Mai will be disappointed by more delays in approving the project. According to the Ministry of Transport it intends to submit project details to the Cabinet for approval in the next few months, PBS TV reported late last […]
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Airports of Thailand’s Board of Directors has recently agreed to invest in a major upgrade of Mae Fah Luang Chiang Rai Airport. AoT’s chairman, Prasong Poontaneat, said the upgrade will be divided into three phases at an estimated cost of THB6.2 billion. Phases one (2016 to 2021) will cost THB3.7 billion to expand the aircraft […]
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Is Cambodia, future site of ASEAN’s tallest building, ready for a big quake? A seemingly quake-free country gets its bearings after the recent Myanmar disaster Genocide, tortures, war — Cambodia has seen truly appalling things, but a significant earthquake isn’t on the list. As its buildings continue to shoot heavenwards on the back of a […]
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Qing Dao-based Techen Technologies (Thailand) Co announced yesterday that its new Thai factory slated to make solar panels will start operations next month. The solar panels produced at the factory in Chonburi will help generate up to 300 megawatts of power per year. Managing director Zeng Anson said the new production facility, worth about US$100 […]
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