In Laos, a Dubious Dam Threatens Luang Prabang
When investors in 2019 announced plans to build a massive hydroelectric dam on the Mekong River just upstream from Luang Prabang, the ancient royal capital of the former Kingdom of Laos, they drew a slew of criticism. So much criticism, in fact, that UNESCO—which has listed Luang Prabang as a World Heritage Site—could reconsider the […]
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Thailand’s GPSC acquires Taiwan offshore wind stake for US$500 million
Bangkok-listed Global Power Synergy Public Company Limited (GPSC) has acquired a 25% stake in the 595MW Changfang and Xidao (CFXD) offshore wind farms in Taiwan. The Thai company, a subsidiary of state-owned oil and gas group PTT, is paying US$500 million for the shares.
Gas-fired plant to get the nod
Government agencies are set to approve a 1,400-megawatt gas-fired power plant project in Surat Thani this year, replacing two highly contentious coal-fired power plant projects in the southern region.
PTT acquires 41.6% stake in Indian energy company
Global Power Synergy Plc (GPSC), a power generation arm of Thailand’s national oil and gas conglomerate PTT Group, has paid 14.82 billion baht to acquire a 41.6% stake in Avaada Energy Private Co (Avaada), one of the leading renewable energy companies in India.
Thailand allows struggling households and small businesses to delay electricity bill payments
Thailand’s Provincial Electricity Authority (PEA) has announced that households and small businesses struggling to keep up with monthly electricity payments during the COVID-19 pandemic will be allowed to defer payments or request bill payment in installments.
Thailand’s BCPG unveils 600-MW wind PPA in Laos
July 13 (Renewables Now) – Thai renewable energy group BCPG Pcl (BKK:BCPG) announced today that a minority-owned associate has entered into a power purchase agreement (PPA) for a 600-MW wind project in Laos.
