FRIDAY, March 29, 2024
nationthailand

GLOBAL POWER  Electricity supplier  eyes solar power plants 

GLOBAL POWER  Electricity supplier  eyes solar power plants 

Global Power Synergy Plc (GPSC) has set aside an investment budget of Bt3 billion to acquire solar power farms in Thailand with a combined capacity of 40 megawatts this year, the company’s corporate finance and strategy manager Sukitde Chairak said yesterday.

 


She added that by the end of this year, the company will have three power plants supplying 1,395 megawatts of electricity: 65 megawatts of hydropower electricity from Nam Lik 1 in Laos, 40 per cent held by the company; next 1,285 megawatts from Xaiya Buri Hydropower electricity in Laos, 25 per cent held by the company; and 45 megawatts from its electricity plant in Rayong.
Meanwhile, the company plans to increase its register capital of Bt74 billion to reduce its debt to equity ratio from 20 times to 8 times at the end of this year, she said.
 

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