The Electricity Generating Authority of Thailand (Egat) is discussing a pooled power facility and generation grid with other ASEAN members. “If this region can develop a power facility through a single system, it could maximize utilization and save investment costs of $788m for 15 future power projects across the region,” said Suthep Chimklai, director of […]
Continue ReadingSiemens Energy Sector has been awarded contracts for the turnkey construction of two combined-cycle power plants, including long-term service agreements in India. Siemens will erect the DGEN power plant on behalf of Torrent Energy Limited, in the port sity of Dahej on the southwest coast of the state of Gujarat. The DGEN power plant will […]
Continue ReadingBangladesh is to build a $1bn, 1350 MW coal fired power plant in the city of Chittagong. The Prime Minister’s office confirmed the plant would be an independent power producer (IPP) project, which would be the first of its kind in the country. Bangladesh is also set to build a 1350 MW coal plant in […]
Continue ReadingVIETNAM – NUCLEAR POWER Vietnam announces ambitious plans to build 15 GW of nuclear power by 2030 Vietnam plans to have 13 nuclear reactors online by 2030, with a combined capacity of 15 GW. According to a development plan approved by Prime Minister Nguyen Tan Dung, nuclear power will account for 10 per cent of […]
Continue ReadingCHINA – NUCLEAR POWER Chinese CPR-1000 nuclear reactor generates power for first time China’s first domestic CPR-1000 nuclear power plant, unit 1 of Ling Ao Phase II, was connected to the grid at 3:38 pm on 15 July 2010, becoming China’s twelfth commercial reactor to generate power.
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Megabangna’s Official Launch Construction Commenced; Financial Support Obtained Megabangna has commenced construction and is now officially launching for lease to leading retailers. Development of the project is backed by a Baht 6.5 billion credit facilities package provided by a bank consortium comprising Siam Commercial Bank and KBank. Located on Bangna-Trad Km.8, Megabangna is developed by […]
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THAILAND – PROPERTY Real Estate Bubble not expected in Thailand, but caution urged for developers Although a real estate bubble is not seen as a problem in Thailand, it would take at least 11 months for condominium developers and up to three years for single houses to clear their current stocks, according to the Agency […]
Continue ReadingThe airport rail link is scheduled to open for full commercial operations on Monday 23 August 2010, the State Railway of Thailand says. SRT governor Yutthana Tapcharoen yesterday said the rail operations would be divided into ordinary and express services.
Continue ReadingSino-Thai Engineering & Construction, the country’s third-largest contractor, expects a backlog worth about Bt34 billion by the end of the year, the highest since the company’s establishment 48 years ago. President Vallop Rungkijvorasathien yesterday said the backlog included the fourth contract of the Blue Line mass-transit project worth Bt13.38 billion, and a Royal Irrigation Department […]
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New Paradise Park aims to attract high-end shoppers The Paradise Park Co, the joint venture between Siam Piwat and MBK, plans to use Paradise Park as a business model to expand its high-end shopping mall on the outskirts of Bangkok after receiving a warm response from the project’s opening on Srinakarin Road earlier this month. […]
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