Gunkul to invest B2bn in cannabis

SET-listed Gunkul Engineering, a renewable energy developer and builder, is allocating capital spending worth almost 2 billion baht to develop a new cannabis plantation and cannabis oil production facility over the next two years.

PTT Group fast-tracks power plans

PTT Group is putting its power business on the fast track, with generation capacity expected to increase by at least 1 gigawatt each year in a bid to achieve a target of 16GW by 2030.

Gulf Energy mulls tender offer for shares in AIS

SET-listed Gulf Energy Development, Thailand’s biggest private power producer by market value, says it may consider making a tender offer for the country’s biggest mobile operator Advanced Info Service’s (AIS) shares on the same day it does with the carrier’s major shareholder InTouch Holdings.

Thailand ‘unlikely’ to meet energy goal

Thailand is not moving away from the use of coal power fast enough, Greenpeace has claimed, insisting that the transformation towards clean energy must start now if climate change is to be averted on the road towards a target of net zero greenhouse gas emissions by 2050.

PTT tie-ups diversify its portfolio

National oil and gas conglomerate PTT Group has formed two joint ventures to deepen its diversification into drone technology and plant-based protein businesses. AI and Robotics Ventures Co (ARV), a subsidiary of PTT Exploration and Production Plc (PTTEP), has joined hands with two Malaysian technology firms — Aerodyne Group and Digital Creation Co — to […]