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The state waste-to-energy (WTE) scheme is expected to lead to heated competition among SET-listed companies interested in joining a new auction round next year. The interested firms include Super Energy Corporation, TPI Polene Power Plc, TPC Power Holding Plc and Absolute Clean Energy Plc. Authorities are organising an auction for WTE projects with a combined capacity of 500 megawatts. The authorities are expected to call for new bidding next year as the 2018 national power development plan (first revision) states additional capacity of 400MW will be generated under the second phase of the WTE scheme between 2021 and 2037. Super Energy Corporation announced it plans to participate in the auction of WTE projects nationwide, according to Jormsup Lochaya, chief executive and vice-chairman of the Super Energy board. ....
Super set to build hybrid power plant published : 12 Jul 2021 at 04:30 SET-listed Super Energy Corporation is planning to develop Thailand s first power plant based on hybrid renewable resources under a firm power purchase agreement (PPA). A firm PPA refers to a steady supply of electricity provided to the Electricity Generating Authority of Thailand (Egat). Usually renewable power, except electricity produced by refuse-derived fuel, is in the non-firm PPA category. Sun, wind and biomass are intermittent sources of power because their production depends on weather conditions and seasons. Jormsup Lochaya, chief executive and vice-chairman of the Super Energy board, said the company will develop the hybrid renewable project this year and expects to start operation by the end of next year. ....
Which sectors in Vietnam are dominated by Thai companies? By Minh Son February 24, 2021 | 08:00 pm GMT+7 Shoppers look at fruits at the Central Group Vietnam s Big C supermarket in Hanoi. Photo by Reuters/Kham. Though Thailand is not the largest foreign investor in Vietnam, its companies dominate a number of sectors like retail, beverage, packaging, livestock, and solar energy. In the last decade .their investments in Vietnam swelled by an average of 13 percent a year. By the end of last year their total investment was only around $13 billion, not enough to put Thailand in the top five list, but still managed to have large market shares in several sectors by concentrating their investment in a handful of sectors. ....
Long-term development commitments realised through strategic M&A moves 10:35 | 18/01/2021 Long-term development commitments realised through strategic M&A moves The Vietnamese merger and acquisition (M&A) market has suffered a plunge since the beginning of 2020 as investors took a more cautious tack while restrictions and quarantine measures hindered the evaluation and decision-making of M&A deals. Such transactions in Vietnam were estimated at $3.5 billion during 2020, accounting for 48.6 per cent compared to the previous year, but it is believed the market will recover this year when its size may return to previous levels of around $5 billion. Beside other traditionally big investors to Vietnam including those from Singapore, Japan, and South Korea, Thai corporates have showcased great confidence in Vietnam in the midst of the global health crisis. ....