B Grimm brings Laos hydropower plant on stream
B Grimm Power Plc says operations at its 15-megawatt Nam Che hydropower plant in Laos were launched on Saturday.
The plant, located in Xaisomboun province, is among a batch of new power stations being developed by BGRIM.
"Nam Che is now up and running, achieving its June 1 commercial operation date smoothly," said BGRIM CEO Preeyanart Soontornwata.
She confirmed that BGRIM's solar photovoltaic schemes in Vietnam, with a combined generating capacity of 677MW, are due for commercial launch this month as planned.
BGRIM is investing in additional power generation projects both in Thailand and abroad to raise its overall capacity to 5,000MW by 2022.
New power projects brought on stream this year will boost BGRIM's 2019 revenue by 15-20 per cent and raising profitability, according to Preeyanart.
BGRIM is expected to finalise investment plans for wind power in South Korea and Vietnam soon.
Plans are also afoot to invest in several power projects in Cambodia, Malaysia, the Philippines and Laos.
In Thailand, BGRIM is pursuing new power generation investments in line with the country's power development plan 2018.
"With all the works being undertaken strenuously, we are confident of achieving the 5,000-MW landmark capacity by 2022," Preeyanart said.