IPP
, Thailand
141 views

Global Power Synergy, PEA Thailand collab to be energy suppliers 

The MoU covers exploring models where GPSC serves as an electricity supplier for PEA.

The Global Power Synergy Company Limited (GPSC) and Provincial Electricity Authority (PEA) in Thailand to seek opportunities to become energy suppliers. 

The Memorandum of Understanding in particular provided the GPSC and PEA will study and develop an operation model where the former serves as an electricity supplier for the latter. 

The agreement also covers looking into a joint investment between the PEA and GPSC. 

“The MoU between GPSC and PEA is deemed as a very significant collaboration because the two organizations, as energy suppliers in the energy trading projects of PEA's grid power, shall seek ways of power generation that can support the security of electricity system,” Rosaya Teinwan, Executive Vice President - Business Development of GSC, said. 

Teinwan noted the collaboration is also in part a preparation for the electric vehicle industry and clean energy transition of the business sector. 

Panumas Limsuwan, Deputy Governor (Corporate Strategy) of the PEA, said the agency sees that the business sector will particularly benefit from the partnership. 

“As an organization responsible for the direction and development of energy infrastructure, PEA is well prepared to work hand in hand with all sectors in order to promote the ultimate use of resources and the fair access to infrastructure,” Limsuwan said.

Read Also: Global Power Synergy’s green bonds oversubscribed by 2.3 times  

 

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!

Exclusives

Cambodia urged to rethink its costly LNG ambitions
It should learn from peers who struggle to fuse the costly fuel into their energy systems.
Power Utility
Trump 2.0 could thump India's solar ambition
Its solar companies may need to set up manufacturing plants in the US to bypass tariffs.