Thailand’s Super Energy Corp to acquire two wind power plants in Vietnam for $18m 28 February 2019 Thai-listed energy firm Super Energy Corporation (SUPER), previously known as Superblock, has inked an agreement to purchase two wind power plants in Vietnam for 577 million baht ($18.31 million). The two projects – HBRE PHU YEN and HBRE […]
Continue ReadingEGCO readies Bt30 bn for overseas push; sees limited growth opportunity in Thailand power business 1 March 2019 ELECTRICITY Generation Plc (EGCO) has allocated an investment budget of around Bt30 billion for three overseas projects under construction, aside from any possible further funding related to the acquisition of the Paju power plant in South Korea. […]
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GE Modernizing Nine Gas Turbines In Thailand Service is part of a 10-year contract extension 27 February 2019 GE will service six GE 6B and three Frame 5 gas turbines at the PTT Global Chemical Public Co. Ltd.’s Map Ta Phut Industrial Estate power plant in Rayong, Thailand. The service is part of a 10-year […]
Continue ReadingItochu joins Charoen Pokphand Group to build Magnolia Quality Development 39-storey Bangkok tower 28 February 2019 Japanese trading house Itochu Corp and Charoen Pokphand Group will develop a premium condominium tower in central Bangkok targeting the affluent. For the ¥33-billion (9.39-billion-baht) project, Itochu will build a 39-storey tower comprising 553 units with Magnolia Quality Development […]
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‘Commissions’ Required of Companies Bidding For Building Work in Flood-hit Lao Province 27 February 2019 Construction firms bidding for approval to build permanent homes for flood victims in Laos must pay between 10 percent to 26 percent of the total cost of the project to local authorities if their bids are approved, sources in the […]
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Thailand Prepares to Install Floating Solar Plants at Eight Dams Siam Cement Group hopes to win the first contract to install a 45-megawatt floating solar farm at Thailand’s Sirindhorn Dam Solar farms take up land, which is especially precious in areas with dense populations—and those areas need renewable power most. To solve this paradox, populous […]
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CP Group consortium pressured on Thailand’s 3-airport railway bid EEC seeks to finalise high-speed details 28 February 2019 The Eastern Economic Corridor (EEC) Office has given the CP Group-led consortium an ultimatum to conclude its financial proposal for the 224.5-billion-baht high-speed railway connecting three major airports by March 5, otherwise the state will negotiate with […]
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Thailand’s Big C to build ‘supercentre’ in Cambodia’s Poipet city Big C, a grocery and general merchandising retailer headquartered in Bangkok, will invest $6.8 million to build a store in Banteay Meanchey’s Poipet city, in the border with Thailand. The ‘supercentre’, approved by the Council for Development of Cambodia (CDC) on Feb 20, will be […]
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Owners of ‘abandoned’ Bangkok buildings told to secure premises to prevent vice and crime 26 February 2019 The owners of 39 “abandoned” buildings at 25 property development projects across the capital have been told to add lights, properly seal off the partially constructed buildings with fencing, and employ guards to patrol the compounds. The move […]
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Frasers Property associate to acquire Thai-listed developer Golden Land for $851.9m 25 February 2019 Frasers Property Limited’s indirect associated company is making a conditional voluntary tender offer (VTO) for all the issued securities of Golden Land Property Development plc for about 19.75 billion baht (S$851.9 million) in cash, subject to regulatory and shareholder approval. Frasers […]
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