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TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy project developer and operator by capacity, will continue to allocate its five-year capital spending of 14 billion baht to replace its coal usage with renewable energy and boost its power generation capacity.
TPI Polene Power Plc (TPIPP), Thailand's largest waste-to-energy (WTE) project developer and operator by capacity, is ready to trade carbon credits following its decrease of carbon dioxide emissions under a plan to reduce coal use.
The chief executive of SET-listed Maybank Kim Eng (Thailand) Plc (MBKET), Montree Sornpaisarn, is stepping down next month, indicating early retirement.
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TPI Polene Power Plc (TPIPP), the renewable power generation arm of cement maker TPI Polene Plc, has won bidding on an eight-megawatt waste-to-energy (WTE) project in Songkhla, its first WTE project in three years.
The project, which is based on a 20-year build-operate-own agreement with Songkhla Provincial Administration Organisation, increases the capacity of its eight WTE facilities to 448MW, up from 440MW at present.
TPIPP failed to win any WTE auctions held by local administrative bodies over the past three years.
Pakkapol Leopairut, TPIPP executive vice-president for accounting and finance, estimated total development cost for the WTE project in Songkhla at 2 billion baht.