Thailand’s B.Grimm Power to spend $1.67b in renewable, fossil fuel assets Its current power generation capacity is slated to increase by 900 MW in 2021. Thailand-based independent power producer B.Grimm Power (BGRIM) announced the allocation of 45–50b baht (US$1.50–1.67b) in capital spending to expand its business primarily through asset acquisitions. Most of the budget will […]
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World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with alleged fraudulent practice in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]
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Thailand’s Singha Estates to triple revenue with strategic expansion Property firm eyes industrial estates, power generation, and engineering services Singha Estate PCL, a leading Thai property investment and development company, has revealed its hopes to triple its annual revenue by widening the scope of its business interests and integrating its traditional property businesses with industrial […]
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Vietnam needs 128.3 billion USD to develop electricity industry Vietnam needs about 128.3 billion USD of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT). On February 9, the MoIT issued a draft national electricity development planning project for 2021-2030, with […]
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Siemens Energy join B.GRIMM for foundation stone laying ceremony at Laem Chabang 1 Combined Cycle Power Plant Siemens Energy joined B.GRIMM at the foundation stone laying ceremony of Laem Chabang 1 Combined Cycle Power Plant (CCPP) on 19 February 2021 at Laem Chabang Industrial Estate. This modern and highly efficient 140MW CCPP, which will be […]
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Thailand’s Global Power Synergy sets capacity goal for 10 years to 16,000 megawatts Global Power Synergy Plc (GPSC), a power generation arm of PTT Group, has set a 10-year time frame to achieve the company’s goal of increasing its power generation capacity to almost 16,000 megawatts from 5,055MW at present. Half of the new capacity […]
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Bangkok’s Red Line railway test run to commence 26 March 2021 The test run for the Red Line railway will commence on March 26. The timeline of the test run had been decided by the SRT Committee on Monday, Nirut Maneephan, governor of the State Railway of Thailand (SRT), said on Tuesday. “March 26 happens […]
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MRTA seeks input on Bangkok’s MRT Orange Line extension The Mass Rapid Transit Authority of Thailand (MRTA) is gearing up for a new round of bidding for the construction of the 120-billion-baht western extension of the MRT Orange Line. MRTA governor Pakapong Sirikantaramas told the media on Friday that the agency will hold an online […]
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Bangkok’s Mo Chit Complex contract soon; Legal wrangle lasted 25 years The Treasury Department is preparing to sign a contract for the Mo Chit Complex project worth 26 billion baht, after 25 years of delays, says director-general Yuttana Yimgarund. The 63-rai development project is located across Chatuchak Park and Bangkok Terminal is the concession recipient. […]
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TEPCO Power Grid and ATT Consultants Jointly Awarded Contract for Bangkok Underground Substation Construction Project TEPCO Power Grid, Inc. (Head Office: Tokyo; hereinafter, “TEPCO PG”), in consortium with ATT Consultants Company Limited (Head Office: Bangkok; Managing Director: Montree Budsabathon; hereinafter, “ATT”), announced today the signing of a consultancy agreement with the Metropolitan Electricity Authority (Head […]
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