Singha Estate secures exclusive rights for 30% shareholding in 3 major Thai co-generation power plants Singha Estate Plc, a leading Thai property investment and development company, today, announced that it has secured the exclusive rights to acquire a 30% shareholding in three major co-generation power plants with total capacity of 400 megawatts, at par value, […]
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Asset World Corp., the property unit of Thailand’s richest man, plans to acquire Thailand’s distressed hotels Asset World Corp., the property unit of Thailand’s richest man, plans to acquire distressed hotels, betting on a quick revival in tourism once the Southeast Asian nation reopens to foreign visitors. More than 100 hotels are available for sale […]
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GS Energy to build and operate a 3 GW LNG combined thermal power plant in Long An, southern Vietnam GS Energy will invest 3.5 trillion won to build and operate a 3 GW LNG combined thermal power plant in Long An, southern Vietnam. GS Energy announced on March 22 that it has been selected as […]
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GE Renewable Energy bags turbine deal for 30-MW wind project in Vietnam’s Binh Thuan Province GE Renewable Energy said today it has won a contract to supply and commission turbines for a 30-MW wind farm project in Vietnam’s Binh Thuan Province. Under the deal, the General Electric (NYSE:GE) subsidiary will equip the Thuan Nhien Phong […]
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MEA and Newsky Energy Thailand to construct two waste-to-energy plants in Bangkok The Metropolitan Energy Authority (MEA) is looking into co-investment opportunities with private firm Newsky Energy Thailand for the construction of two new waste-to-energy power plants in Bangkok, promoting the expansion of alternative energy in the metropolitan area along with environmental protection. The MEA […]
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Mitsubishi Electric to Supply 250 Elevators and 28 Escalators for “One Bangkok” Totaling 278 units, including the first double-deck elevators in Thailand Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its subsidiary Mitsubishi Elevator (Thailand) Co., Ltd. (MET) has secured a major order from “One Bangkok.” A joint venture between TCC Assets Co., Ltd. and […]
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French energy giant Électricité de France Halts Myanmar Hydropower Project Over Human Rights Concerns French energy giant Électricité de France has suspended a hydropower project worth more than US$1.5 billion (2.11 trillion kyats) in Myanmar’s Shan State over human rights concerns as the military regime continues to use lethal force to crack down on anti-coup […]
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Three motorway projects to be launched in Thailand in 2021 Ekkachai-Ban Phaeo motorway in Samut Sakhon, Rangsit-Bang Pa-in motorway and Srinagarindra-Suvarnabhumi airport motorway The Transport Ministry plans to launch three motorway projects this year, worth 83.52 billion baht. Transport Minister Saksayam Chidchob said the first project will be the Ekkachai-Ban Phaeo motorway in Samut Sakhon, […]
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State Railway of Thailand set to call bids for B128bn rail ventures The State Railway of Thailand (SRT) is preparing to call bids for two double-track railway projects worth 128 billion baht with results expected to be known by the end of this year. SRT governor Nirut Maneephan said contractors for both rail projects will […]
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Third terminal at Krabi Airport to open in October 2021 A third terminal at Krabi Airport is expected to open in October to double the airport’s passenger handling capacity, according to the Department of Airports (DoA). Somkiat Maneesathit, DoA deputy director-general, went on an inspection tour of the airport on Thursday, and he was briefed […]
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