, Thailand

Thai’s PTT to invest in foreign hydropower plants

 

 


Thailand’s PTT wants to invest in hydropower plant businesses in neighbouring countries to help secure Thailand's energy needs.

 


State-controlled PTT was in talks about acquiring two power plants and expected to conclude at least one deal in the first quarter of 2011, Chief Financial Officer Tevin Vongvanich told reporters late on Monday.



"Demand for electricity has increased and Thailand has to buy more electricity from hydropower plants. PTT, as a national energy company, is interested in this business," Tevin said, adding PTT was also keen to invest in coal businesses overseas.


You could read the full story at reuters.com.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!