Friday, November 22, 2019

Begistics plans investment in solar energy in Vietnam

Aug 07. 2019
Facebook Twitter

By The Nation

565 Viewed

Pongsiri Sirithorn, chief executive officer of Begistics Public Company  Limited, says the board of the company has approved an investment plan worth Bt 160 million in solar energy production in Vietnam.

The company will invest in the stakes of GA Power Ptd. The investment via share holding is no more than 40 per cent of total shares.  GA Power has invested in two companies; Ga Power Solar Park Huong Ltd and Ga Power Solar Park Cam Xuyen Ltd which have rights to sell solar power to Vietnam’s  government agencies and state-owned enterprises for 20 years. They will invest in two solar plants which have combined power generating capacity of 58 megawatts. Commercial operation of the two plants will start  July next year.

Facebook Twitter
More in BizMoves
Editor’s Picks
Top News