ADB Finances First Wind Power and Battery Storage Project in Thailand The Asian Development Bank (ADB) has signed a THB235.55 million ($7.2 million equivalent) loan with Lomligor Company Limited (Lomligor), a subsidiary of BCPG Public Company Limited (BCPG), to finance a 10-megawatt (MW) wind power plant in southern Thailand. The project utilizes an integrated 1.88-megawatt-hour […]
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Myanmar’s Yangon industrial parks lure Singapore, Thai and Korean investors As there are 12 townships situated in municipal outskirts in Yangon Region, plans are underway to establish industrial zones in 11 township except Coco Island, said Yangon Region Chief Minister Phyo Min Thein. He said that there are keen investors from Singapore, Thailand and Korea. […]
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B.Grimm’s solar project in Cambodia’s in Serie Saophoan is 20 percent complete Thailand-based Energy Company B.Grimm Power said its solar project in Cambodia is 20 percent complete after the firm took over the project from a local power company late last year. B.Grimm completed the acquisition of local company Ray Power Supply Co Ltd last […]
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New Route 7 extension Pattaya to Maptaput set to open on 22 May 2020 – toll free for three months The much awaited extension to the Route 7 motorway – Pattaya to Maptaput – will finally be opened next Friday, May 22nd, reported 77kaoded. The road is part of projects costing 14.2 billion baht and […]
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Solar rooftops to propel Prime Road Power to 30% revenue growth target from new renewable energy projects in 2020 Prime Road Power Plc, a local renewable energy developer and operator, expects its revenue in 2020 will grow by 30% compared to last year thanks to an engineering procurement and construction project in development. Prime is […]
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Thailand’s largest private power generation Ratch Group diversifying into locomotives Ratch Group, Thailand’s largest private power generation firm by capacity, says it will diversify into locomotive assembly to serve future demand from various infrastructure projects. The move is in partnership with AMR Asia, a local railway engineering developer, that is conducting a feasibility study on […]
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The Rising Thai Property Market in Asia The property market in Phuket and Thailand, in general, is on a downward slide, due to the on-going global pandemic. However, the situation will not last forever, investors are ready and are preparing their investment in one of the most promising market in South East Asia. The assets […]
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EVN SPC invests in solar power plant on Vietnam’s Côn Đảo Island, construction starts July 2020 The Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Côn Đảo Island into “a high-quality tourist and economic zone”. At a total cost of over VNĐ91 billion (US$3.9 million), the plant […]
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Transport Minister talks up need for two road construction projects in western Bangkok Transport Minister Saksayam Chidchob on Thursday emphasised the need for two road construction projects in western Bangkok, claiming road construction would not exacerbate traffic congestion in the surrounding areas. These projects are the construction of the elevated Bang Khunthian-Ekkachai section of Highway […]
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Feasibility Study Conducted on Reopening of Cambodia’s Abandoned Airport in Battambang Province Feasibility study on reopening of the decades-abandoned Battambang Airport has been conducted by a local firm, giving hopes of a reborn air service in the renowned agricultural province of Battambang. “We allowed a local Cambodian firm to conduct the feasibility study to find […]
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